“The crash and post-crash world will not be pretty. Millions of people will lose their jobs and their homes. Unfortunately, the economists who led us down this path are not likely to be among the ones who suffer severe consequences”
I could see how an Economist might miss this crash working with the overall picture and not in the day to day trenches, etc. But how do CEO’s of homebuilders, NAR Executives, etc. with all the sales figures, cancellation and inventory numbers, miss? Very interesting to see if certain execs were in “Lay Speek” and dumping shares or selling properties and still talking a good game.
