6 Errors and Financial Crisis

Over the weekend I happened to pick up Six Errors on the Path to the Financial Crisis from the DealBook Blog on the NYTimes.com.

It's short, well written, and well thought-out. It doesn't even mention the war in Iraq and doesn't single out the Bush administration overspending, both of which were the culprits I suspected first; so maybe I was wrong.

More important, by far, is that if this is a better discussion, and more accurate, then we're all better off for it.

2 thoughts on “6 Errors and Financial Crisis

  1. i also would assume that the bush administration is responsible for our poor economic state. Sounds like an interesting read. Now that we are all suffering, I think we all are looking for answers as to why.

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