Kevin Licht's (kslicht) Blog

After reading both Greg Mankiw and Tyler Cowen discuss Credit Market Segmentation, I overheard two people discussing how the credit market is "frozen".  I disagree.  It's not that the credit market is frozen, it is only being selective.  Funds are still available, the only problem is that they ar...

I received an email on Friday from a broker stating that this time the financial crisis is not different from anything previously experienced, despite the bleak picture being painted by media.  It went on to say that what we are going through is the same thing we've gone through in previous econo...