Re:Savings and Loan Crisis 1980–1989
by ericmay on Monday May 01, 2023 @03:12PM
(#35777657)
Do you have any particular articles or blog posts or anything you'd care to share? I could search of course but I'm not sure if there's a canonical article.
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Re:Savings and Loan Crisis 1980–1989
by jjoonathan on Tuesday May 02, 2023 @09:50AM
(#35787367)
https://en.wikipedia.org/wiki/Global_saving_glut
The key insight is that savings and investment opportunities are two sides of a single market. Demand and supply. Savings grow reliably and opportunities do not, so demand for investment opportunities outstrips supply of investment opportunities. Therefore, the opportunities get more expensive = lower rate of return.