{"id":33971,"date":"2012-08-09T18:02:35","date_gmt":"2012-08-09T18:02:35","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/wsj_marketbeat_blog_on_the_same_five_year_financial_crisis_anniversary\/"},"modified":"2012-08-09T18:02:35","modified_gmt":"2012-08-09T18:02:35","slug":"wsj_marketbeat_blog_on_the_same_five_year_financial_crisis_anniversary","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=33971","title":{"rendered":"WSJ Marketbeat Blog on the same Five Year Financial Crisis Anniversary"},"content":{"rendered":"<p>Over at Capital Economics they\u2019re spotlighting Aug. 9, 2007 as the \u201cthe unofficial onset of the global credit crunch\u201d\u009d making tomorrow the fifth anniversary of, well, the beginning of the end of the uber-loose financial conditions that begat the U.S. housing boom, bust, financial crisis, bailout-a-palooza, deep recession and \u201d\u201d if you believe Reinhart and Rogoff \u201d\u201d the economic sluggishness we\u2019re still contending with.<\/p>\n<p>Of course, it\u2019s a little bit squishy declaring any one moment the \u201cstart\u201d\u009d of something. Some would argue that the birth of the securitization market way back in the 1980s might have been the true start of what eventually became the U.S. housing morass. Still, it\u2019s instructive to remember what was going on in early August 2007, which was when the cracks in the foundation of global finance really started to get noticeable and the themes that have come to define the market for the last half-decade started to emerge.<\/p>\n<p><a href=\"http:\/\/blogs.wsj.com\/marketbeat\/2012\/08\/08\/congrats-were-halfway-to-a-lost-decade\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over at Capital Economics they\u2019re spotlighting Aug. 9, 2007 as the \u201cthe unofficial onset of the global credit crunch\u201d\u009d making tomorrow the fifth anniversary of, well, the beginning of the end of the uber-loose financial conditions that begat the U.S.<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=33971\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,50,460,670,582,589,595,592,149,591,200,590,671,119,151,585,596,669,584],"tags":[],"class_list":["post-33971","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-international-news-commentary","category-european-sovereign-debt-crisis-of-2010","category-budget","category-consumerconsumer-spending","category-corporationscorporate-life","category-credit-markets","category-currency-markets","category-economy","category-euro","category-europe","category-european-central-bank","category-federal-reserve","category-globalization","category-politics-in-general","category-the-banking-systemsector","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007","category-the-national-deficit","category-the-u-s-government"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/33971","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33971"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/33971\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}