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Sunday, December 21, 2008

Origins of the financial crisis


At Reason's 40th anniversary event, held in Hollywood on November 14 and 15, the American Enterprise Institute's Peter Wallison analyzed the roots of the current market meltdown and explained how government policies directly caused or massively exacerbated the housing bubble and the subsequent bust at the center of things.
25 minutes. Wallison quotes Reagan at the end of his talk. He's right on.


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