by Summary:
You can see from the chart that growth of mortgage applications for home purchases has been near 0 for quite a while, and remains historically depressed. The lines zigging downward are Saudi initiatives to lower prices, and as price setter they will necessarily prevail for as long as they have excess capacity:
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WARREN MOSLER considers the following as important: Uncategorized
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You can see from the chart that growth of mortgage applications for home purchases has been near 0 for quite a while, and remains historically depressed. The lines zigging downward are Saudi initiatives to lower prices, and as price setter they will necessarily prevail for as long as they have excess capacity:
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
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Lars Pålsson Syll writes Cutting-edge macroeconomics …
You can see from the chart that growth of mortgage applications for home purchases has been near 0 for quite a while, and remains historically depressed.
The lines zigging downward are Saudi initiatives to lower prices, and as price setter they will necessarily prevail for as long as they have excess capacity:
