The banks have been our enablers, the below-inflation interest rates have made a joke out of saving and the day of reckoning is fast approaching.
Looking Back: Seventeen Years, One Thesis, and a Market Finally Reconciling
With Gravity
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When this blog started, back in 2008, the idea was modest: collect
anecdotes. Stories from the trenches of a housing market that had, even
then, begun to d...
5 weeks ago
Carney et Sachs though they could just pass it on to the next and future generations. They should have made a shoulder check instead. The snowball is rolling down the hill, and it is getting bigger and bigger. Banker et Sachs are losing control.
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