Re:Savings and Loan Crisis 1980–1989
by croutonwagon on Monday May 01, 2023 @03:07PM
(#35777587)
>We seem to have got into a phase where there was an assumption that near 0% rates were here to stay.
We have and that was caused by the Fed as well. After the 08 crisis the Fed kept the rate at 0% during what was basically the biggest 10 year bull run in history. It was insane and even many bankers I spoke with mentioned the causes of the original 08 scare/crash werent fixed, they were just band-aided heavily.
We have and that was caused by the Fed as well. After the 08 crisis the Fed kept the rate at 0% during what was basically the biggest 10 year bull run in history. It was insane and even many bankers I spoke with mentioned the causes of the original 08 scare/crash werent fixed, they were just band-aided heavily.