Donald Kohn Comments Send Him To The Back Of The Line For Next Fed Chairmanship

| September 16, 2013

Wise Dog Sources believe that Kohn is NOT a deregulator as Summers was perceived to be, and his comments that we review below essentially take him out of the Federal Reserve Chairman job opening! Wikepedia: Donald Lewis Kohn (born November 7, 1942) is an American economist who served as the former Vice Chairman of the Board of Governors of the Federal Reserve System. […]

Five Years After A World Economic Meltdown, BIS (Bank of International Settlements) Ex-Chief Economist Warns “It’s Worse This Time”

| September 15, 2013

It’s concerning how so many people now think that “things are different this time”!  But since complacency has hit an all time record, it’s unlikely to end well. The Swiss-based BIS `bank of central banks’ said a hunt for yield was luring investors en masse into high-risk instruments, “a phenomenon reminiscent of exuberance prior to the global financial crisis”. The former chief economist […]

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