Re: [Pen-l] Statements that don't look good in hindsight

To: Progressive Economics <pen-l@xxxxxxxxxxxxxxxxxx>
Subject: Re: [Pen-l] Statements that don't look good in hindsight
From: raghu <mraghu01@xxxxxxxxx>
Date: Fri, 6 Mar 2009 13:17:10 -0800
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How about this piece of wisdom from Ben Bernanke as late as May 2007:

"Given the fundamental factors in place that should support the demand
for housing, we believe the effect of the troubles in the subprime
sector on the broader housing market will likely be limited."

-raghu.


--
Never get into fights with ugly people, they have nothing to lose.
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- Re: [Pen-l] Statements that don't look good in hindsight
  - From: Eugene Coyle

References:
- [Pen-l] Statements that don't look good in hindsight
  - From: Max Sawicky
- Re: [Pen-l] Statements that don't look good in hindsight
  - From: Doug Henwood

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Thread context:
- [Pen-l] fresh punditry, Doug Henwood Fri 06 Mar 2009, 19:46 GMT
- [Pen-l] Statements that don't look good in hindsight, Max Sawicky Fri 06 Mar 2009, 19:10 GMT
  - Re: [Pen-l] Statements that don't look good in hindsight, Doug Henwood Fri 06 Mar 2009, 19:38 GMT
    - Re: [Pen-l] Statements that don't look good in hindsight, Jim Devine Fri 06 Mar 2009, 20:07 GMT
    - Re: [Pen-l] Statements that don't look good in hindsight, raghu Fri 06 Mar 2009, 20:48 GMT
      
      Re: [Pen-l] Statements that don't look good in hindsight, Eugene Coyle Fri 06 Mar 2009, 23:37 GMT
      
      Re: [Pen-l] Statements that don't look good in hindsight, Sandwichman Sat 07 Mar 2009, 16:12 GMT
      
      Re: [Pen-l] Statements that don't look good in hindsight, Jim Devine Sat 07 Mar 2009, 16:24 GMT
- [Pen-l] earthquake denial, Jim Devine Fri 06 Mar 2009, 18:46 GMT

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