I think the main problem in how slow prices are falling is the fact that people don’t buy what they can easily afford, but buy what they can barley afford thus keeping prices up longer.
“In hindsight would it have been better to raise rates, flush out the bad debt, over-leveraged financials, and hit the bottom quicker than slow and painfully?”
“In hindsight would it have been better to raise rates, flush out the bad debt, over-leveraged financials, and hit the bottom quicker than slow and painfully?”
“In hindsight would it have been better to raise rates, flush out the bad debt, over-leveraged financials, and hit the bottom quicker than slow and painfully?”
“In hindsight would it have been better to raise rates, flush out the bad debt, over-leveraged financials, and hit the bottom quicker than slow and painfully?”
