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Housing Bubble Caused by Greedy Capitalists?
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<blockquote data-quote="rickyb" data-source="post: 5302423" data-attributes="member: 56035"><p>bc it drives up cost of doing business and then next thing you know youre not competitive on a global scale bc your housing is one example of a high cost economy</p><p></p><p>another thing is debts always expand faster than an economy's ability to repay. so your screwed 2 ways. were in teh midst of a slow crash and its been happening for a while now, and its bc of hte financial sector which is effective a parasite; they dont produce anything.</p></blockquote><p></p>
[QUOTE="rickyb, post: 5302423, member: 56035"] bc it drives up cost of doing business and then next thing you know youre not competitive on a global scale bc your housing is one example of a high cost economy another thing is debts always expand faster than an economy's ability to repay. so your screwed 2 ways. were in teh midst of a slow crash and its been happening for a while now, and its bc of hte financial sector which is effective a parasite; they dont produce anything. [/QUOTE]
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