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beans on toast

Greenspan Sees Many Casualties From Crisis

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He's been shooting his mouth off soon after leaving the FED. This man created bubble after bubble while he was running the FED and left Bernanke holding a crock of sh1t. Grrenspan even praised the securitisation of mortgage debt as a new innovation. What a tool!

http://www.nytimes.com/reuters/business/bu...amp;oref=slogin

LONDON (Reuters) - There will be many casualties from the unfolding financial market crisis, which will lead to a large-scale overhaul of international banking regulations, codes and risk management, former Federal Reserve Chairman Alan Greenspan said.

Writing in the Financial Times, the former Fed chief said much of the financial system's risk-valuation models failed, not because they were too complex but because they were "too simple to capture the full array of variables governing that drive global economic reality."

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  • 293 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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