{"id":408,"date":"2007-08-16T09:10:58","date_gmt":"2007-08-16T17:10:58","guid":{"rendered":"http:\/\/simonburrow.com\/\/archives\/business-success\/the-subprime-credit-crisis"},"modified":"2007-08-16T09:10:58","modified_gmt":"2007-08-16T17:10:58","slug":"the-subprime-credit-crisis","status":"publish","type":"post","link":"https:\/\/simonburrow.com\/?p=408","title":{"rendered":"The Subprime Credit Crisis"},"content":{"rendered":"<p><strong>&#8220;Interest rates aren&#8217;t a policy instrument to protect unwise lenders from the consequences of their unwise decisions.&#8221;<\/strong><\/p>\n<p>Mervyn King<\/p>\n<p>Governor of the Bank of England<\/p>\n<p>August 8, 2007<\/p>\n<p>as quoted in the <a target=\"_blank\" href=\"http:\/\/online.wsj.com\/public\/us\">WSJ\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Interest rates aren&#8217;t a policy instrument to protect unwise lenders from the consequences of their unwise decisions.&#8221; Mervyn King Governor of the Bank of England August 8, 2007 as quoted in the WSJ\u00a0<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[7,11],"tags":[],"class_list":["post-408","post","type-post","status-publish","format-standard","hentry","category-business-success","category-politics"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p99jGb-6A","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/simonburrow.com\/index.php?rest_route=\/wp\/v2\/posts\/408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/simonburrow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/simonburrow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/simonburrow.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/simonburrow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=408"}],"version-history":[{"count":0,"href":"https:\/\/simonburrow.com\/index.php?rest_route=\/wp\/v2\/posts\/408\/revisions"}],"wp:attachment":[{"href":"https:\/\/simonburrow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/simonburrow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/simonburrow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}