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At This Juncture…

January 22, 2016 Leave a comment

Former US federal reserve chairman Ben Bernanke recently wrote this tribute to self:

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As the chairman of the Fed during the 2008 financial meltdown, Mr. Bernanke stated the following sentence just prior to the calamity that destroyed the financial well-being of thousands of people whilst leaving the super rich bankstas responsible for the fiasco unscathed:

At this juncture, however, the impact on the broader economy and financial markets of the problem in the subprime market seems likely to be contained – Ben Bernanke, Testimony before the Joint Economic Commission March 28, 2007

Maybe the book should have been truthfully titled:

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