Mortgage-Backed Securities and the Financialization of American Life
This might be the best thing I've ever read
It reminds me of what watching an Adam Curtis doc feels like
"America escaped the feudal empire of the Crown only to rebuild it over several hundred years in the image of Jefferson, under the auspicious of free markets, and with the political dressing of social mobility."
This piece hits hard.
Just to let you know, the Hoisington Asset Management letter has been taken down from their website and the link is broken.
This might be the best thing I've ever read
It reminds me of what watching an Adam Curtis doc feels like
"America escaped the feudal empire of the Crown only to rebuild it over several hundred years in the image of Jefferson, under the auspicious of free markets, and with the political dressing of social mobility."
This piece hits hard.
Just to let you know, the Hoisington Asset Management letter has been taken down from their website and the link is broken.