Danielle Park – Securitization is the Rout of all Evil

from Financial Survival Network

Danielle Park returns… Think back to the late 1980’s when the plague of securitization started. It became a way to turn liabilities into assets. But not really. Would the housing bubble have blown up the way it had? Would auto, student and credit card bubbles have been blown up to the extent they are currently? Probably not. We also talk about internet privacy and speech. It’s all part of the same puzzle.

READ  Danielle DiMartino Booth: "Investors are putting full faith in the idea that there is indeed a free lunch and never a price to pay for the Fed's largess and that is certainly how markets are trading. At some point you start to add up all these transitory items"
READ  Danielle DiMartino Booth: "Investors are putting full faith in the idea that there is indeed a free lunch and never a price to pay for the Fed's largess and that is certainly how markets are trading. At some point you start to add up all these transitory items"

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