Scotty is predicting rates to go up which will happen if the economy starts to fire up and also predicting property prices will crash.
Doesn't add up to have both happening, if property crashes that would be a sign the economy is not in good shape and if interest rates rise it would be because the economy is in good shape.
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- end of the line for the speculative mania
end of the line for the speculative mania, page-203
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