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Tags: asset markets, Australia, China, creditors, England, Europe, foreclosure, Greece, mega banks, modification, Steve Keen, stimulus
Posted in bubble, Corruption, Eviction, securities fraud |

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Tags: Bain Capital, banks that stole the money and homes, capitalism, collective wealth, embarrassment to all Americans, healthy society, high priests of money, INCOME INEQUALITY, infrastructures, investing, NYFederal Reserve, Romney, stimulus, the cost of maintaining a society, the god of money, trickle down theory, U.S. prosperity, undermining the spiritual foundation of our society, Wall Street Banks, welfare of citizens, Worship of Money
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Mortgage Meltdown: Economics 101 Theoretically economics should be a separate discipline from politics. It is referred in textbooks as the study of scarcity and allocation of resources. It ought to be an “assist” in developing national, regional and local policies that lead to better lives of citizens. In fact, however, it is merely an arm […]

Tags: crash, economics. econometrics, education, rational maximizers, stimulus
Posted in bubble, Corruption |