zenalgorithm

Should We Force a Housing Bottom?

Asset values all over the world are over-priced. Unreal county and city property development taxes are preventing many poor people from owning a house.
Productivity depends a lot on the ability to own property - it's what mainly separates Communism from Capitalism.

Poor people are losing the American dream. There needs to be a massive shake-up in wealth to re-establish this dream.

Now billionaires are cornering the markets on commodities...resortin... to propaganda and hysteria which promote the ruse that resources are almost depleted like Goldman Sach's recent oil "super-spike" pump.

Too much manipulation in the markets leads to unrealistic asset valuations - bubbles.