FlyerInHi wrote:If a debt

[carlsbadworker]

[quote=FlyerInHi]If a debt crisis comes, as fiscal conservatives predicted for decades, real estate should be a better hold than stocks.

https://www.washingtonpost.com/opinions/the-debt-crisis-is-on-our-doorstep/2018/03/27/fd28318c-27d3-11e8-bc72-077aa4dab9ef_story.html?utm_term=.b3dd517dbb15%5B/quote%5D

I blame it all on Bernanke. 08-09 was supposed to be the golden opportunity to learn fiscal responsibility, but these guys think bubble burst is a crisis instead of bubble itself as a crisis (that Americans have to spend a large proportion of income on housing, rather than to find more productive use of that capital).

I was actually fine with them buying residential mortgage…but why propping up the stock market so that it was only below the trend line for a few months? It is not FED’s responsibility to rescue stock investors.