Don Curren 🇨🇦🇺🇦6d ago
“After the collapse all the people in economic policy positions gave themselves a ‘who could have known?’ amnesty. The answer of course was everyone should have known.” #Greenspan #GFC #GreatRecession open.substack.com/pub/deanbake...

Alan Greenspan’s Mixed Legacy
Alan Greenspan’s Mixed Legacy

Full employment, but two economy-wrecking bubbles

Dean Baker
Front Page [Unofficial]Jun 18

Economics expert pinpoints the exact moment in 2012 when ‘America went to hell’

https://fed.brid.gy/r/https://www.upworthy.com/americas-2012-vibe-shift-explained-ex1/

Global News WorldMay 21
Stock markets open lower as bond yields near pre-Great Recession levels
North American stock markets opened lower Thursday as oil prices rose and treasury yields resumed their climb amid the ongoing stalemate between Iran and the U.S.
#Canada #Economy #Money #USNews
https://globalnews.ca/news/11858657/stock-markets-bonds-recession/
kaliApr 15

yeah. the only time in history ever when #oilprices were that high over a prolonged period of time culminated in the #greatrecession. #trump is really actually willing to kill the #worldeconomy in order to stay in power and i am not even exaggerating anymore.

#USpol

Show threadNonilexFeb 26

After that, #Congress decided in bipartisan fashion that it had had enough of special counsels sniffing around the #ExecutiveBranch. Barack #Obama pledged to look forward & not backwards, not only closing the door on prosecutions for executive lawbreaking but also failing to hold accountable those responsible for the 2008 financial crisis & the ensuing #GreatRecession.

#US #law #accountability #power #plutocracy

GaryRLundbergFeb 5

Since 2009? Who remembers the #GreatRecession?

Tipping into #Trumpcession? Driven by tariffs, corrupt “deals” of self-enrichment, broligarch patronage, spiteful and delusional economic mismanagement?

Last month was the worst January for layoff plans since 2009
https://finance.yahoo.com/news/last-month-was-the-worst-january-for-layoff-plans-since-2009-challenger-131244531.html

Last month was the worst January for layoff plans since 2009: Challenger

Layoff announcements ballooned in January, hitting the highest level for the month since 2009, according to a Thursday report from the global outplacement...

Yahoo Finance
Show threadStacesCases2 🇨🇦 📎Jan 8
#America is losing blue-collar jobs – something that last occurred during the early #Pandemic and the 2008-09 #GreatRecession. Employment across trades and industry is DOWN -123,000 since early 2025, and has declined nearly EVERY month since FEBRUARY," www.rawstory.com/gop-26748543...

GOP pollster shares damning ch...
GOP pollster shares damning chart about Trump's economy

A GOP pollster shared an eye-popping chart about the state of President Donald Trump's economy on Tuesday. Trump campaigned on a promise to revive the American manufacturing industry, primarily by imposing tariffs on imports from foreign countries and U.S. trade partners. However, Trump has lost con...

Raw Story
Front Page [Unofficial]Dec 2, 2025

Don't worry, Millennials. Psychoanalyst Carl Jung said life really begins at the age of 40.

https://fed.brid.gy/r/https://www.upworthy.com/carl-jung-shadow-work

Show threadAnthonyNov 24, 2025
David Dayen at The American Prospect has a decent explainer article The AI Bubble Is Bigger Than You Think. It gets into the so-called "private credit" mechanisms being abused to inflate this bubble, and why they are so dangerous. This stuff used to be called "shadow banking" because private entities that are not chartered banks are essentially providing banking services to other private entities. What happens if there's a panic and the equivalent of a bank run? Who knows!
Silicon Valley and Wall Street are in sync: conjuring up sketchy credit deals that are pointing us toward another financial crash.
...
“We have sealed the deal on another financial crisis—the question is size,” said one former congressional staffer.
#AI #GenAI #GenerativeAI #AIBubble #grift #CasinoEconomy #FinancialCrash #GreatRecession
The AI Bubble Is Bigger Than You Think

It’s not just OpenAI that looks overhyped. There’s a whole mountain of sketchy financial engineering underneath.

The American Prospect
Front Page [Unofficial]Nov 21, 2025

Economics expert pinpoints the exact moment in 2012 when 'America went to hell'

https://fed.brid.gy/r/https://www.upworthy.com/americas-2012-vibe-shift-ex1