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IS THE BIG SHORT NARRATIVE THE BEST EXPLANATION OF THE FINANCIAL CRISIS

  LINK TO VIDEO OF BROOKINGS PANEL DISCUSSION

The film has provoked an intense conversation, sparking a discussion of whether mortgage-backed securities were the primary driver of the crisis, as opposed to broader economic forces and whether those responsible were adequately punished.

On Wednesday, January 27, the film’s director, Adam McKay (who also directed and co-wrote “Anchorman,” “Talladega Nights,” and “Step Brothers”), visited Washington for a screening of “The Big Short” hosted by Economic Studies at Brookings

After the screening, McKay joined a panel of financial experts and journalists to discuss whether the film’s narrative is the right one to explain the crisis to the public…”

  LINK TO VIDEO OF BROOKINGS PANEL DISCUSSION

 

THE FEDERAL RESERVE : INFORMATION +SIMPLE ARITHMETIC=COMMON SENSE

 The Fed Wants A World That Makes Sense Again

Noah Smith : Bloomberg

Years of positive economic signs led to the Fed’s decision to raise interest rates for the first time since 2008. Former Fed Vice Chairman Don Kohn explains that the focus now is on the long-term trajectory of the economy.

Don Kohn Brookings

Fed  Rate Changes over last 60 years Charts from Business Insider

APRIL 2015 INVESTOR LITERACY COMMENT QUOTING PAUL McCULLEY ON FED  INTEREST RATE PROSPECTS