There’s so much fascinating data buried deep in the bowels of the housing starts data that it’s hard to know where to start. I guess we could start with, “It stinks.” But that would lack the nuance inherent in any unbiased review. Unlike the mainstream media, which likes to put a positive spin on everything, here we tell it like it is.
Multifamily Housing Market Plants Seeds of Systemic Financial Crash
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.