One author takes us through her chronicles of the global financial crisis. Bill Moller sits down with Janet Tavakoli, author of The New Robber Barons. Here is the direct link.
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Lance Roberts @LanceRobertsThis is really pretty incredible.
US household holdings of equities and mutual funds reached a record 278% of disposable personal income in the second quarter of 2026, up from just 29% in 1982, amplifying the stock market’s influence on consumer spending and economic activity._________________________
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Janet Tavakoli never mentioned Obama, Read, Pelosi, Dodd, Frank who controlled the purse strings since 2006 and actively resisted reform while heaping on the spending before and after. Assorted Republicans were not much better but the focus should be on the politicians not just business people. Some if not all of the above mentioned politicians should be impeached.