Housing prices plunging, but really should have seen it coming

Economics is it science, art or religion?


Some US economists just can’t get their heads around it. Global growth looks good. Inflation is on the mat. Unemployment is the lowest in a generation. Wages growth, while weak, is recovering. Interest rates remain at or close to historic lows.

What’s not to like, they argue, as they rattle off a laundry list of impressive stats to back their arguments.

About groundswellbasscoast

This is on behalf of local climate change group. Material is selected by Bernie McComb and does not necessarily represent opinion of whole group.
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