Many of them were, but not all of them. Hedge funds were originally so heavily regulated in the U.S. that they were essentially all European or otherwise offshore.
You complain about the "antt-American" people who blame the USA as the major source of the meltdown, in your comments at 00:53-00:59, but surely all the highly leveraged instruments that drove the bubble were all American inventions?
WOW! Nice synopsis of the causes and effects of the crisis in the economy. It seems you may have gotten some good rest since your last post? Seems to have more meat, and less whine, here.
Hey Tigerhawk, check it out the Austrian School of economics.
agbook 1 year ago
Many of them were, but not all of them. Hedge funds were originally so heavily regulated in the U.S. that they were essentially all European or otherwise offshore.
dundana 2 years ago
You complain about the "antt-American" people who blame the USA as the major source of the meltdown, in your comments at 00:53-00:59, but surely all the highly leveraged instruments that drove the bubble were all American inventions?
cookerg 2 years ago
WOW! Nice synopsis of the causes and effects of the crisis in the economy. It seems you may have gotten some good rest since your last post? Seems to have more meat, and less whine, here.
mark98092 3 years ago