Housing hopes: will the souffle rise twice?
(BTW, don’t forget excessive debt is a proxy for excessive land prices.)
2 thoughts on “Nice article from Steve Keen”
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Housing hopes: will the souffle rise twice?
(BTW, don’t forget excessive debt is a proxy for excessive land prices.)
You must be logged in to post a comment.
Excessive land prices = excessive debt, grasshopper: simple. Don’t try to be smart about money when you haven’t seen the cat.
you understand debt = money right??
if all debts where paid = no money circulating