"Hope, get me the former chief economist at Bear Stearns. Must be a smart guy. Maybe he'll advise me on economics."http://www.reuters.com/article/us-usa-election-trump-advisers-factbox-idUSKCN10G1S7 …
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Mind boggling: "the housing- and debt-market corrections will probably add to the length of the U.S. economic expansion."
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"It's more likely the economy is sturdy and will grow solidly in coming months, and perhaps years." --Trump adviser Malpass in August '07
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"The constant warnings of a housing-related collapse in domestic consumption overstates the importance of housing in the economy" - Malpass
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"the economy as a whole, will probably benefit over time from the wrenching return to more normal market conditions." -Malpass August '07.
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@JustinWolfers his perch at Beat Stearns when he said this is something. They had 2 credit hedge funds implode a month before he wrote this -
@BenDWalsh@JustinWolfers also remember when conservatives were attacking goldman sachs for being right on housinghttp://www.nytimes.com/2007/12/02/business/02every.html … -
@MattZeitlin@JustinWolfers you know who else shorted the US housing market in 2007?
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@JustinWolfers The end of the first paragraph shown is even worse. -
@JustinWolfers@LOLGOP bullshit -
@JustinWolfers@PoliticalLine and he was right. All banks got bailed out....:-))) -
@JustinWolfers Am I missing something here? I refuse to believe a Chief Economist would be *that* dumb? Then again, it was Bear... -
@JustinWolfers Everyone's hero, Bernanke, said the same thing.
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Justin Wolfers
Ben Walsh
Matthew Zeitlin
GrkStav
Mr Boombastic
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