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.......or maybe it won't sound familiar at all. Did they have a housing bubble based on speculation and subprime mortgages? Did they lose jobs for decades while wages eroded and pensions were taken away in favor of 401 plans? The human mind is programmed to look for patterns. It helped us survive for many years. That ...more
I don't believe in conspiracies, nor do I believe anyone could have "engineered" the crash of the US housing market and/or the US economy. I haven't read those books, but it seems pretty obvious that the whole mess has so many moving parts and things just spiraled out of control. Many people were making money off subpr...more