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A comment on Yield Curves Invert in U.S., U.K. Parent comment

Re:Yield Curves Invert in U.S., U.K by throw0101a on Wednesday August 14, 2019 @02:45PM (#20698660)
> 2008 was bad because the collective banks of the US realized trillions in mortgages were money on the books that wasn't real and was never going to be real.

Don't forget the Europeans. The 'prudent' Germans of Deutsche Bank were in the thick of it too:

* https://www.thelocal.de/20110415/34419

* https://www.reuters.com/article/us-deutschebank-suit-idUSBRE...

See also:

* https://en.wikipedia.org/wiki/List_of_writedowns_due_to_subp...

Good book on how things went down and my who is Crashed:

* https://en.wikipedia.org/wiki/Adam_Tooze#Books

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Re:Yield Curves Invert in U.S., U.K by graedus on Wednesday August 14, 2019 @04:29PM (#20699599)
> Good book on how things went down and my who is Crashed:

Incredible book. Tooze's interviews and lectures on the subject can only scratch the surface of what the book covers, but they are worth a listen too. I can recommend his appearance on the podcast Talking Politics:

https://www.talkingpoliticspodcast.com/blog/2018/113-crashed

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