Monthly Archives: December 2010

Root Cause 2008-9 Recession

  Great Recession 2008-2009 Root Cause: US Govt over regulated housing market. This lead to a housing bubble.   How:   Community Reinvestment Act ( CRA ) extensions in 1996 required banks to issue risky or subprime loans.   In … Continue reading

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How long will China invest in US Debt

  China is raising rates but long term its economy may speed up again. China and India economies promise to be very strong over the next decade. How does this challenge US?   US Budget frightens foreign investors. Per Gordon … Continue reading

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