Fantastic chart in today’s New York Times Week in Review Section with data from Robert Shiller. Shows clearly how Fed policy after the implosion of the dotcom bubble enabled the real estate bubble. Now we are likely to overshoot the long term average on the downside.
Posted: 21st September 2008 – Comments
Tags:
finance
hilker reblogged this from continuations
hegs reblogged this from siminoff
siminoff reblogged this from continuations and added:
great depression era and now fascinating…
continuations posted this
