Financial journalist Martin Wolf argues against any proposed government "bailout" of the U.S. housing market.
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Check out the rest of this blog here.
I started this blog in June 2007 asking these questions: Are we in a massive asset bubble that will blow up in our faces ??? - ANSWERED YES ! Is western and particularly British society on the verge of social collapse??? What are the best common sense long term investment strategies to keep you rich? When will consumption/debt bubble economics end and a real savings/production economy begin ???
Thursday, 4 December 2008
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