The inflation and subsequent collapse of the residential real estate market was facilitated by the Federal Reserve over nearly a decade. From the late 1990’s when the technology bubble burst until early 2007 when investors began to realize how much bad debt had actually been created in the housing market, interest rates were kept artificially [...]
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[Source: War On You
5/05/2008
Ron Paul and Alan Greenspan: Housing Market Thunderdome
Labels: Alan Greenspan, Housing Market Thunderdome, on Paul
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