Five Years After The Collapse ....

Barry over at the Big Picture blog and Mark Thoma have been doing some great work over the last week, looking back at the financial collapse to get an idea for what happened and what we've learned (or not learned).

Here's a video with Barry:



And here is a link to a piece written by Mark Thoma on why the recovery has been so slow.

Both piece offer some great analysis and perspective and are well worth the reading or viewing.

hy has the recovery from the recession been so slow? Part of the answer is that recessions caused by a collapse of the financial sector are among the hardest to recover from. But that is not the only reason for the slow recovery. - See more at: http://www.thefiscaltimes.com/Articles/2013/09/10/10-Real-and-Bogus-Reasons-Slow-Recovery#sthash.UzWFMNl2.dpuf

 

 

 

hy has the recovery from the recession been so slow? Part of the answer is that recessions caused by a collapse of the financial sector are among the hardest to recover from. But that is not the only reason for the slow recovery. Many additional factors are often cited for the agonizingly slow recovery, some real and some bogus. Let’s begin with the real reasons for the slower than necessary recovery, and then turn to bogus reasons that have been used to support ideological goals: - See more at: http://www.thefiscaltimes.com/Articles/2013/09/10/10-Real-and-Bogus-Reasons-Slow-Recovery#sthash.UzWFMNl2.dpuf

hy has the recovery from the recession been so slow? Part of the answer is that recessions caused by a collapse of the financial sector are among the hardest to recover from. But that is not the only reason for the slow recovery. - See more at: http://www.thefiscaltimes.com/Articles/2013/09/10/10-Real-and-Bogus-Reasons-Slow-Recovery#sthash.UzWFMNl2.dpuf

hy has the recovery from the recession been so slow? Part of the answer is that recessions caused by a collapse of the financial sector are among the hardest to recover from. But that is not the only reason for the slow recovery. Many additional factors are often cited for the agonizingly slow recovery, some real and some bogus. Let’s begin with the real reasons for the slower than necessary recovery, and then turn to bogus reasons that have been used to support ideological goals: - See more at: http://www.thefiscaltimes.com/Articles/2013/09/10/10-Real-and-Bogus-Reasons-Slow-Recovery#sthash.UzWFMNl2.dpuf

hy has the recovery from the recession been so slow? Part of the answer is that recessions caused by a collapse of the financial sector are among the hardest to recover from. But that is not the only reason for the slow recovery. Many additional factors are often cited for the agonizingly slow recovery, some real and some bogus. Let’s begin with the real reasons for the slower than necessary recovery, and then turn to bogus reasons that have been used to support ideological goals: - See more at: http://www.thefiscaltimes.com/Articles/2013/09/10/10-Real-and-Bogus-Reasons-Slow-Recovery#sthash.UzWFMNl2.dpuf

hy has the recovery from the recession been so slow? Part of the answer is that recessions caused by a collapse of the financial sector are among the hardest to recover from. But that is not the only reason for the slow recovery. Many additional factors are often cited for the agonizingly slow recovery, some real and some bogus. Let’s begin with the real reasons for the slower than necessary recovery, and then turn to bogus reasons that have been used to support ideological goals: - See more at: http://www.thefiscaltimes.com/Articles/2013/09/10/10-Real-and-Bogus-Reasons-Slow-Recovery#sthash.UzWFMNl2.dpuf