Living in the Past
Ben Jones, again, from the Housing Bubble Blog:
We live in a time when, if a sparrow falls in in Timbuktu, the media wants to know what the govt is going to do about it. One thing we could “do” is to stop making the situation worse…
Yes, we’ve wasted trillions trying to turn back the clock on the housing bubble. But IMO, the biggest mistake was to waste years ignoring the fact that we’ve got to earn a living in the post bubble economy.
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