Ron Paul in 2001, Calling the Housing Bubble
Pretty much nailed it …
Compare to Krugman’s view at the time.
Pretty much nailed it …
Compare to Krugman’s view at the time.
Guest post by Jesse of Jesse’s Cafe
Charts courtesy of John Williams at Shadowstats.
The first chart shows US Housing Starts since the year 2000.
The second chart shows US Housing Starts since 1945.
Is it? Is a 35% annual increase in food prices crazy? 5 foreign engagements? TBTF 5.0? This? Must I go on?
Don’t have a “conspiracy” category, so I’ll put this under housing.
Via Maco Slavo via Lew Rockwell.
Hats off to these homeowners who built homemade levees around their houses. Impressive. From The Daily Mail:
Video: