Blog resource for 6th Form, with contributions from teachers and students.
Quote of the day
“I find economics increasingly satisfactory, and I think I am rather good at it.”– John Maynard Keynes
Tuesday, 27 December 2016
Is the US in the throes of another housing bubble?
This graphic tells a grim story:
It would appear the answer is a resounding "yes"! This leads to 2 questions:
1. What happens when the bubble bursts?
2. Can the US central bank do anything to help when it does?
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