Stiglitz Says Banking Problems Are Now Bigger Than Pre-Lehman

[Skip to the end] Stiglitz has part of it right, but his misguided concern about ‘who is going to finance the US government’ is disquieting at best. Stiglitz Says Bank Problems Bigger Than Pre-Lehman The Federal Reserve faces a “quandary” in ending its monetary stimulus programs because doing so may drive up the cost of borrowing for the U.S. [...]