More than two decades ago, the Federal Reserve joined with the federal government to make housing more affordable. The first housing bubble popped in 2008, and a second bubble is on its way to bursting.
Recorded in front of a live audience at the 2024 Mises University, Bob discusses recent market turbulence with Mark Thornton.
More than two decades ago, the Federal Reserve joined with the federal government to make housing more affordable. The first housing bubble popped in 2008, and a second bubble is on its way to bursting.
The great train wreck seems to be happening. Mark Thornton shares his latest guesses and outlook.
For this week’s episode, I wanted to find something familiar in the form of a “saying” to try and convey my thoughts about the economy as it stands
The position of new home buyers in 2024 is unprecedented. Not only are prices at record highs, but the new generation of prospective home buyers can’t remember a time without cheap mortgages.
Do we have a market situation primed for everyone to head for the exits? What would ignite such a problem?
As if the government has not done enough destruction in the housing market, there now is a scheme to have the government nationalize second mortgages. Given the previous disaster with primary mortgages, we do not anxiously await the outcome of this proposal.
Alex Pertsev, a developer of Tornado Cash, has been sentenced to prison by a Dutch court for helping build a platform that guarantees financial privacy. If there is one thing the state cannot tolerate, it is someone making financial transactions without government agents watching.
The FDIC added 11 new banks to its Problem List in the first quarter of 2024, bringing the total to 63.
