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:
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
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:
Merijn T. Knibbe writes Argentina bucks the trend. Vitamin A deficiencies are increasing
John Quiggin writes Armistice Day
Editor writes Making America Great Again, 2024
Merijn T. Knibbe writes Völkermord in Gaza. Two million deaths are in the cards.
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: