Archive for the 'Housing Crisis' Category
Predicting The 2008 Housing Crisis — In 1999
Monday, July 12th, 2010Image by marctonysmith via Flickr In 2008 and 2009, Bank CEOS and politicians lined up to describe the real estate and financial collapse as a “systemic failure” — entirely unpredictable. These businessmen and politicians must have missed a 1999 article in the New York Times. Or maybe they saw the article, and just didn’t care. [...]
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