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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>Fed Worried About 1998 Rerun | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="khi4SlneO8"&gt;&lt;a href="https://www.nakedcapitalism.com/2007/06/fed-worried-about-1998-rerun.html"&gt;Fed Worried About 1998 Rerun&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2007/06/fed-worried-about-1998-rerun.html/embed#?secret=khi4SlneO8" width="600" height="338" title="&#x201C;Fed Worried About 1998 Rerun&#x201D; &#x2014; naked capitalism" data-secret="khi4SlneO8" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>Michael Panzner pointed us to a Bloomberg column by John Berry, &#x201C;Fed Officials Fret Another `Russia&#x2019; May Occur.&#x201D; Frankly, we are delighted to read this. It is high time the Fed woke up and took stock of the excesses taking place in virtually every asset class. Not only do we have very high liquidity, asset [&hellip;]</description></oembed>

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