After all that's happened in the past half-decade, why can't economists look around? The housing bubble took an extraordinary toll on American households, but economists have yet to meaningfully grapple with its impact.
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In the greatest economic crisis that the United States has faced since the Great Depression, the rich barely lost a nickel. But the poor definitely got poorer. And people in the middle were crushed.
The problem with the Orman-Ramsey theory of how term life would carry young Americans to their old age, is that it differs quite markedly from reality.
We do not need more federally-mandated documents and protocols adding time and cost to the lending world (already a bit anemic).
Last week the Federal Reserve released the results of the latest Survey of Consumer Finances, a triennial report on the assets and liabilities of Amer...
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