Just noticed that Danielle DiMartino was one of the authors of that article.
Before she began working for the Dallas Fed, and back when all the folks in the financial news were cheering on the rising credit/housing bubble, she was regularly writing articles about the dangers of the housing bubble, and was one of the few people in the media whom we bears could rely on to tell the truth. I believe (but have no proof) that she was a reader and possible poster on some of the original housing bubble sites.
When she wrote that she was going to work for the Dallas Fed, we (original bears) grew hopeful that “one of ours” might be able to affect things from the inside.
She seemed to disappear for awhile, so it’s good to see she’s still doing what she does best — telling the truth, and getting the word out about the dangers of our bubble economy.
