Monday, July 03, 2006

Soros: "Gigantic Real Estate Bubble"

I just came across this blurb from George Soros' latest book:

I believe we are currently in the midst of a gigantic real estate bubble. It was caused by the determination of the Federal Reserve Bank not to allow a stock market decline in 2001 to turn into a self-reinforcing rout. The federal...

read more | digg story

No comments: