Again and again it’s easy to see the lazy but loud ideology of Reagan Republicans that built this crash. As the NYFed points out too late, “The shadow banking system contributed significantly to asset bubbles in residential and commercial real estate markets prior to the financial crisis.”
Unfettered markets gain heat that too easily burns us. Tax cuts for the wealthy, pork barrel to favorites, and concession to factions are the voodoo that brought us a zombie economy. Much more disturbing, crisis is Republican politics.
