…of TWX’s (mostly former) top management—who pushed LBOs in the 1980s and Internet bubbles in the 1990s—makes on the list. More amazingly, Lew Ranieri is on the list, while David…

…Government budget discipline dissipated; fiscal policy became pro-cyclical. Financial regulation and supervision was weak to non-existent, encouraging credit and asset price booms and bubbles. Hope was the word. Trust is…

…result of a failure to save. The US economy (and others) have discouraged savings, which has resulted in an overinvestment in high risk ventures (such as asset price bubbles). Had…

…it leaner and, hopefully, less subject to overspeculation and investment bubbles. The intention behind the creation of Fannie and Freddie is not to be questioned, but the results must be….

…bubbles in various markets, there may be no better explanation than that paragraph. *I have no problem with the Churchillian assertion that it is “better than all others,” but taking…

…bubble. They are also trading around two standard deviations over their trend level, a measure that marked out previous bubbles such as Japan in the 1980s. And how do hedge…

…a corrosive anger, too, that bubbles out, like the words pouring unbidden from a chaplain’s assistant who has come to bless a patrol. ‘Why don’t you tell the truth? Why…

Credit Card debt bubbles through the financial world. “Debt eventually leaks into other areas, whether it starts with the mortgage and goes to the credit card or vice versa,” said…

…based on a bubble,” he said. “Bubbles burst.” There is a limited but important point in this statement. If we realize that we have a one-time and temporary piece of…

…High House Prices: Bubbles, Fundamentals, and Misperceptions. Dr. Thoma presents a couple of rebuttals: Housing Bubble or Housing Froth? And two recent articles gave specific examples of the buy vs….