Housing's Echo Bubble Now Exceeds The 2006-07 Bubble Peak
If you need some evidence that the echo-bubble in housing is global, take a look at this chart of Sweden’s housing bubble. http://www.zerohedge.com/news/2017-04-25/housings-echo-bubble-now-exceeds-2006-07-bubble-peak A funny thing often occurs after a mania-fueled asset bubble pops: an echo-bubble inflates a few years later, as monetary authorities and all the institutions that depend on rising asset valuations go …
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