The mortgage fiasco of 2007

18 December 2007

Lew Rockwell:

“The sea of inflationary credit is the core problem behind the falling dollar, the subprime crisis, the housing meltdown, not to mention the rise in the national debt and a thousand other problems.

And how do they deal with it? More credit and more calls for controls. No one in Washington seems to understand the reason for the crisis, much less how to fix it.”


Hmmm, I know, let’s see just how deep we can dig this here Iraq hole.