|
|
| Line 1: |
Line 1: |
| − | A company car http://cascadeicewater.com/blog/what-is-the-comparison-of-the-red-convertible-by-louise-erdrich/ who does assignment Of course itÃÂÃÂÃÂâÃÂÃÂÃÂÃÂÃÂÃÂÃÂÃÂs possible that Greenspan believes the correction in housing markets, along with the failure of financial institutions too exposed to same was the crisis. If so, thatÃÂÃÂÃÂâÃÂÃÂÃÂÃÂÃÂÃÂÃÂÃÂs simply odd. Lest we forget, housing is not an investment, rather itÃÂÃÂÃÂâÃÂÃÂÃÂÃÂÃÂÃÂÃÂÃÂs consumption that on its face subtracts from the capital stock. Greenspan bemoans allegedly low savings in the U.S. as previously mentioned, and with that in mind, how could a correction of dissaving so logically inimical to economic growth have caused an economic crisis?
| + | |