It's been a debt fuelled Ponzi scheme and nothing is going to...

  1. 47,069 Posts.
    It's been a debt fuelled Ponzi scheme and nothing is going to change the outcome, prices must come back to a reasonable measure against the income of buyers.

    I'm not saying -25% is the correct figure.

    I don't know.

    The Economist has been talking about this for a while.

    Eventually they will be proven to be correct.
 
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