Of the various types of financial bubbles, debt-fueled housing bubbles are the most damaging.
Debt is great for an economy as it grows and expands — at least on the surface. Politicians like debt growth because when citizens borrow and spend, it stimulates the economy, and a strong...
Debt fueled housing bubbles devastate economic growth
Friday, July 3, 2015
OCHN: Debt fueled housing bubbles devastate economic growth
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