Btw, keep in mind that eg Australia had similarly inflated housing in the run-up to 2008, but their 'bubble' never burst. Mostly because their central bank did not engineer a slump, nor did they tighten access to credit like the Americans did.
Similar, Israel also did not partake in the Great Recession.
Btw, keep in mind that eg Australia had similarly inflated housing in the run-up to 2008, but their 'bubble' never burst. Mostly because their central bank did not engineer a slump, nor did they tighten access to credit like the Americans did.
Similar, Israel also did not partake in the Great Recession.
Btw, you can follow some links from the review you mention to find another in-depth review in the ACX Book review contest: https://docs.google.com/document/d/1M1m8o1HInGYJR3cEMYZ6TQgN...