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eaton In retrospect I agree, but in the context of the times those books and his major econ columns were published, even being contemptuous towards the banking sector was a radical act. Especially for those of us who were watchers of the economy who saw almost no one else laying blame.Permalink On twitter.com
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Mood -4 🙁
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eaton I mean, Timothy Geithner, whose most notable accomplishment was failing to see, react, or intervene in the crisis in any way while in a position of power intended to do all of that, was promoted to Secretary of the Treasury ffs. We were badly lacking in public contempt.Permalink On twitter.com
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Mood -5 🙁
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eaton The Big Short would not come until later & would not be popular until much later. I was writing an econ column for UPI at the time and I can tell you it was incredibly frustrating to read major and minor media mostly reporting that this was all just unfortunate impersonal forcesOn twitter.com
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Mood +2 🙂