The giant sucking sound of US private sector credit contraction
My quote comes not from the article (which certainly is very quotable), but rather from the comments. Here's what commenter John Ryskamp has to say.
I trust no one is stupid enough to believe that the "stimulus" and "bailout" nonsense is evidence of government "engaging" with the society. It is simply corporatist looting--backing up the powerful in the society in any way they can be backed up.
The society? It will continue to sink. It is sick--no government wants to be a part of that.
Inflation Adjusted House Prices 2.5% Below 2022 Peak; Price-to-rent index
is 9.8% below 2022 peak
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Today, in the Calculated Risk Real Estate Newsletter: Inflation Adjusted
House Prices 2.5% Below 2022 Peak
Excerpt:
It has been 19 years since the housin...
57 minutes ago
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