Third Avenue could be the event that finally explodes the post crisis asset bubble – Jeremy Warner The Telegraph December 15, 2015 By alibali on January 10, 2016 in Dog Bone Blog The collapse of the Third Avenue Focused Credit Fund is reminiscent of the collapse in the summer of 2007 of two large Bear Stearns hedge funds. Did we learn nothing from the greatest financial crisis in history, and by treating its symptoms with vast quantities of central bank money printing, did we not merely set ourselves up for the next one, asks Jeremy Warner?
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