Just Like the US Housing Market

Email Print
FacebookTwitterShare

“Britain’s housing market is a “house of cards” that is set to implode after years of reckless mortgage lending, chronic oversupply of new flats and widespread fraud, a leading analyst said yesterday.” Read the rest.

And thanks to the central bankers, and all the politicians, commercial bankers, and intellectuals who are accessories before, during, and after the fact.

4:00 pm on February 21, 2008