This Time, It’s a Bubble in Rentals
Fannie and Freddie are rushing to finance the current rental boom, and package them as mortgage-backed securities. What could go wrong?
Fannie and Freddie are rushing to finance the current rental boom, and package them as mortgage-backed securities. What could go wrong?
How do you stop the taxpayer subsidy to Wall Street while avoiding lighting the fuse to Bernanke’s inflation bomb?
There will always be jobs because there will always be scarcity. Human wants are unlimited, yet the resources are limited — even with robots.