In the past couple of years, there has been lots of talk about how strong the economy is — which makes Post reporter“It’s almost like a spidey sense,” he says. “Like when things are too quiet in your house — where’s the dog?”
Damian covered the Great Recession. And he recently started to notice an eerie similarity between what happened then, and what’s happening now: a pattern of deregulation and lots of banks making lots of risky loans. In this case, banks and other financial companies have issued more than a trillion dollars in risky corporate loans, as Republicans in Congress and federal regulators have sought to peel back regulations over the past two years.
How regulators, Republicans and big banks fought for a big increase in lucrative but risky corporate loansBenjamin Netanyahu has served as Israel’s prime minister for 13 nonconsecutive years. Having survived many scandals, he’s now fighting for a fifth term in office — from under a cloud of corruption allegations, but with the support of President Trump.More on this topic:
damianpaletta When the Trump crash happens won’t Fred Trump just cash us all out with a bag of casino chips?
damianpaletta
damianpaletta Taxpayers will end up bailing them all out as we have before. Once again being played for suckers.
damianpaletta Yes.
damianpaletta It's not if, but when.
damianpaletta We are doomed.
damianpaletta I taught The Great Depression many times over...It follows the general sine wave pattern of the business cycle...it is certain to happen again as our economy makes adjustments...and, if anyone...it'll be Trump.
damianpaletta finally some real journalism... well we are screwed.
damianpaletta Wapo would love another recession. Also, all loans are risky.
damianpaletta I’m sure it’s fine. Just a correction.
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