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RE: Is the Federal Reserve Blowing Bubbles?
It's funny how before the pop, the naysayers are "conspiracy theorists", and after the pop it was "obvious to everyone that it couldn't have continued".
Most (financial) news people speak like they know the reason for every news item, but few link the dots. Good to see high quality articles on Steem!
You are right. Only a few (called the conspiracy theorists) called the 2008 real estate bubble pop. There was even a movie made about it. The looming 2008 pop was evident to anyone who didn't drink the koolaid and did some digging into the packaging of mortgage backed securities.
Now there are those who are warning of the coming collapse. Will it be in 2016 or 2017? Timing is always difficult, but ignoring the warnings will not stop it from happening.
Thanks for reading!
Steem on,
Mike