While this article does explain what we are seeing today, it does not go into the real reasons that "capitalism" failed. The housing bubble was anything but a result of free-market capitalism. When the US government is threatening you to lend money to people who will never pay it back, that is not capitalism and it is exactly what took place under the Community Reinvestment Act.....
Has the Liberal Economic Experiment Failed? - Forecasts & Trends - InvestorsInsight.com | Financial Intelligence, Advice & Research / Investment Strategies & Planning for Individual Investors.
No comments:
Post a Comment