Developing Affordable Housing Ecosystems World Wide
In the weeks and months to come, you will hear much wailing about Chinese policy this and Chinese economic pressure that – and there’s no doubt that China’s economic policy now has a powerful effect on America’s – but let that not blind you to the curious (and potentially hopeful?) interdependency that appears now to [...]
[Continued from yesterday’s Part 1.]
Yesterday’s post highlighted a deliberately provocative Washington Post Op Ed, What OPEC Teaches China, by Sebastian Mallaby, arguing that our pricing expansion – and now the painful contraction – were caused by deliberate currency manipulation from China.
I am offended that you question my motives
The second rival account of the crisis … [...]
Whose fault is the implosion following our hyperinflated pricing bubble?
I couldn’t make things ADD up …
Not subprime lending. Not CRA. Not US profligacy. Maybe it’s starvation for yield, or maybe it’s a kind of currency smuggling by manipulating the exchange rate by China, as speculated in a deliberately provocative Washington Post Op Ed, What [...]
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