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Debt ceiling


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2011 Jun 30, 4:31am   14,129 views  66 comments

by StoutFiles   ➕follow (0)   💰tip   ignore  

I'm wondering how the upcoming debt ceiling decision will change the housing market, for good or for worse. Anyone with knowledge?

#housing

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65   Â¥   2011 Jul 8, 7:23am  

wtfcapinv says

We're terrified of the unknown that we sacrifice our souls for parties because they're the most reflective of what we believe.

No, I see the quality of life of Canada, Norway, Sweden, Germany, Denmark and think we can learn a lot from them.

"Socialism" as practiced there isn't some unknown. What also isn't an unknown is how utterly f-ed up free-market systems become. They are entirely centrifugal in nature, making the rich richer and the poor poorer.

66   corntrollio   2011 Jul 8, 7:29am  

wtfcapinv says

the market decides what ideas win and what ideas lose?

What about when, gasp, market failure happens? Think banksters, among other things.

It's also hard to argue that it's government's fault when government's missteps are what "the market" wants.

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