Posts with tag massive default

Defaulting Our Way Back To Normal

Robert Shiller, he of the Case-Shiller Housing Index, wrote in the last Newsweek issue of 2009, "My data show that between 1890 and 1990 real home prices actually didn't increase. " Say what? It's true. If you look at U. S. home prices over an entire century, corrected for inflation, they don't change much, if any, until... Continue Reading »

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