From a WSJ blog: “A Chorus of Cassandras”

Here’s a snippet from a WSJ blog

While a number of economic and financial bloggers were flagging problems, the blog Calculated Risk stands out. Started in Jan. 2005, it covered the excesses of the housing market, and, as the market began to fray later that year, how those excesses were coming undone. By combing news reports from all over the country, Calculated Risk detailed how much more serious the downturn was than what was getting picked up in the official data. Northern Trust economist Paul Kasriel credits the blog with helping him see the severity of the housing bust when many of his counterparts at other firms did not. Mortgage expert Doris Dungey, who began blogging on Calculated Risk in late 2006 under the pseudonym “Tanta,” relentlessly argued that mortgage problems would be far worse than widely believed. Ms. Dungey died of ovarian cancer in November.

Nice to see some recognition for these two and their great research and great writing.

One among Many


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