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The Fed could purposefully crash the housing market soon (web.archive.org)

posted 2 years ago by AlfredicEnglishRules 2 years ago by AlfredicEnglishRules +31 / -0

The Fed could crash the housing market

Investors are getting spooked that the Federal Reserve can't pull off aggressive interest rate hikes without significantly damaging the US economy (just look at Tuesday's selloff).

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– Sneak_King 5 points 2 years ago +5 / -0

"No one is in charge" can't be repeated enough.

For one, they can't be good stewards, because they are children of Satan the Devil. But even good stewards couldn't right this ship. That work would have needed to start in the 1960s, the moment it was clear the generation after the boomers wasn't as numerous. And it would have involved fractal self-sufficiency, to prepare for an eventual shrinking of...everything. That didn't happen.

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