Archives for: US Housing Market

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How Wrong Can a Wrong Thing Be?

by Mitch Feierstein about 10 years 6 months ago

Just how wrong can a policymaker be? Take this news, that as late as 2006 the Fed managed to miss obvious signs of collapse in the US housing bubble. Although the stats pointed to a once-in-a-century boom which would, unless financial gravity went on holiday, turn into a once-in-a-century bust, somehow those guys at the […]

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