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The Shadow Banks Are Back With Another Big Bad Credit Bubble - The Washington Post

by washingtonpost.com posted 3months ago 69 views
Perspective Interpretation of the news based on evidence, including data, as well as anticipating how events might unfold based on past events Federal Reserve Chair Jerome Powell gave a speech a couple of weeks back that showed that financial regulators have learned many lessons from the 2008 financial crisis, but not the most important one, namely: If regulators wait to act until they can say with certainty that a credit bubble is about to burst, they’ve waited too long.

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