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In response to
"I'm working from the point of view that a great deal of culpability for the property crash can be directly attributed to low interest rates which "
by
Loyola
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the reality is, there is no easy fix. if it takes years, it takes years....
Posted by
x (aka dmuck)
Oct 18 '10, 16:04
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if the fed intervening was a cause of the crisis, then i fail to see how doubling down is supposed to be some sort of panacea. forget artificial props for a short term fix. it should be understood that healing takes years when you fuck up this bad, if there's pain to be had then so be it.
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