Comments on: A timeline for the financial crisis http://blogs.reuters.com/james-pethokoukis/2010/01/04/a-timeline-for-the-financial-crisis/ Politics and policy from inside Washington Sun, 07 Apr 2013 21:23:48 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: Nikkilarsson http://blogs.reuters.com/james-pethokoukis/2010/01/04/a-timeline-for-the-financial-crisis/comment-page-1/#comment-10169 Nikkilarsson Thu, 02 Dec 2010 07:49:57 +0000 http://blogs.reuters.com/james-pethokoukis/?p=3090#comment-10169 As of coming out of recession, there is an economic growth but slow. Financial crisis is prevented by Fed's ability. It shows the impression that banking and private-sector is the reason behind this whole credit collapsed and mess. http://www.mikeastrachan.com/ As of coming out of recession, there is an economic growth but slow. Financial crisis is prevented by Fed’s ability. It shows the impression that banking and private-sector is the reason behind this whole credit collapsed and mess.
http://www.mikeastrachan.com/

]]> By: Ritholtz http://blogs.reuters.com/james-pethokoukis/2010/01/04/a-timeline-for-the-financial-crisis/comment-page-1/#comment-9299 Ritholtz Thu, 16 Sep 2010 03:42:57 +0000 http://blogs.reuters.com/james-pethokoukis/?p=3090#comment-9299 Perhaps those who are focused on "missing US housing policy initiatives" can explain why the housing boom and bust was global in nature? How is it that the Britain, France, Switzerland, Spain, Ireland, Portugal, Norway, Korea, New Zealand, Italy Denmark China and Sweden had a simultaneous boom and bust with the US? (See this chart http://www.ritholtz.com/blog/2009/07/global-crisis-timelines/ ) Pray tell what caused the same boom and bust in these other nations? Is it your positions that Fannie/Freddie caused the European housing boom? Did the CRA somehow cause Korea, CHina,and New Zealand's housing market to go wild? How is it that policies and laws that only applies to US citizens somehow resulted in the same, global, coordinated rise in prices? For those of you who still believe the political talking point that it was FNM/FRE/CRA’s fault, the question remains: What caused these other nations to boom the same time the USA did? If you can’t answer that, why on earth should we pay any attention to anything else you say? How about some intelligent independent thought ? Perhaps those who are focused on “missing US housing policy initiatives” can explain why the housing boom and bust was global in nature?

How is it that the Britain, France, Switzerland, Spain, Ireland, Portugal, Norway, Korea, New Zealand, Italy Denmark China and Sweden had a simultaneous boom and bust with the US?

(See this chart http://www.ritholtz.com/blog/2009/07/glo bal-crisis-timelines/ )

Pray tell what caused the same boom and bust in these other nations?

Is it your positions that Fannie/Freddie caused the European housing boom? Did the CRA somehow cause Korea, CHina,and New Zealand’s housing market to go wild?

How is it that policies and laws that only applies to US citizens somehow resulted in the same, global, coordinated rise in prices?

For those of you who still believe the political talking point that it was FNM/FRE/CRA’s fault, the question remains: What caused these other nations to boom the same time the USA did?

If you can’t answer that, why on earth should we pay any attention to anything else you say?

How about some intelligent independent thought ?

]]> By: feoze http://blogs.reuters.com/james-pethokoukis/2010/01/04/a-timeline-for-the-financial-crisis/comment-page-1/#comment-6114 feoze Wed, 06 Jan 2010 05:35:20 +0000 http://blogs.reuters.com/james-pethokoukis/?p=3090#comment-6114 It is american never ending appetite for debt and unscrupulous rating agencies in us which caused financial tsunami. It is american never ending appetite for debt and unscrupulous rating agencies in us which caused financial tsunami.

]]> By: gotthardbahn http://blogs.reuters.com/james-pethokoukis/2010/01/04/a-timeline-for-the-financial-crisis/comment-page-1/#comment-6103 gotthardbahn Tue, 05 Jan 2010 14:17:23 +0000 http://blogs.reuters.com/james-pethokoukis/?p=3090#comment-6103 Interesting but ultimately worthless without the 'missing US housing policy initiatives'. A casual reader of this article would get the impression that banking and private-sector greed caused this whole housing mess and were solely responsible for the resulting credit collapse. How about opportunistic politicians trolling for votes by making home onership available to all, cheaply too, and strongarming the banks into taking on junk mortgages? How about regulators getting it wrong, as usual? How about opportunistic politicians - AGAIN! - pushing Freddie and Fannie into buying all this crap? Really James, you can do better. Leaving out the political angle distorts the whole story, and allows politicians in Washington to fool the voters, once again. Interesting but ultimately worthless without the ‘missing US housing policy initiatives’. A casual reader of this article would get the impression that banking and private-sector greed caused this whole housing mess and were solely responsible for the resulting credit collapse. How about opportunistic politicians trolling for votes by making home onership available to all, cheaply too, and strongarming the banks into taking on junk mortgages? How about regulators getting it wrong, as usual? How about opportunistic politicians – AGAIN! – pushing Freddie and Fannie into buying all this crap? Really James, you can do better. Leaving out the political angle distorts the whole story, and allows politicians in Washington to fool the voters, once again.

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