[lbo-talk] origins of the housing boom

123hop at comcast.net 123hop at comcast.net
Mon Aug 29 17:52:14 PDT 2011


The risk was in plain sight: it lay in the divergence between income and house prices.

Joanna

----- Original Message ----- From: "Indian Jones" <lburgindianjones at gmail.com>

So, once people begin to fail believing in that there is no attempt to keep the confidence up? Completely unconvincing. Somebodies knew and hid the risk.

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