Even Lefties Get it… Today’s Housing Bubble About To Burst
Many of you likely enjoyed The Young Turks’ meltdown the night of President Trump’s victory in late 2016.
We are too some of those 3.5 million views.
Of course not many of us also enjoyed that same day’s obvious record high volume, $100 gold market intervention swing. But we digress, to the reflated, now larger housing bubble ongoing.
Unlike the previous housing bubble of yore (the 2007 version). These now humbled, left ideologues can also see the writing clear on the wall.
Bloomberg’s whitewashing of the story plus some sweet scarf shots are worth a quick look there.
Brooking’s Institute is where the devil’s details hide, but you can find them here.
Have a listen to the alleged levels of depravity in lending standards ongoing.
Looks like the government’s naive but well intentioned 1968 home ownership push, now some 50 years later, is where both predatory housing lenders and Wall Street increasingly both go for guarantees in funding and securitized loan pools.
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