Is "bubble after bubble" the only way out?
Posted in asset inflation, bubble on December 5th, 2009 by Paul Deng – Be the first to commentInterview of Ken Rogoff:
Interview of Ken Rogoff:
How Chinese perceive the biggest threats:
Which country is the most desired to receive their education, in Chinese eyes:
whole report is here.
A Great chart on the history of cost of home ownership (courtesy of Visual Economics).
As measured by the percentage of income devoted to mortgage payment, we are at historical low. This is a great time to own a house.
Caution to house speculators: do not hope for a quick price recovery.