This was an attempt to have a discussion on fannie and freddie. Can you start another thread
on the Austrian school of economics? Thanks.
I have already demonstrated over and over and over and over again how some people from ALL political persuations predicted the bursting of this bubble. Here is one example of a Conservative
"OK after browsing through his archives circa 2005, I must retract my earlier criticism of Paul Krugman. For sure, Krugman did identify the housing bubble before many other analysts (including me), and so he’s not bluffing when he says nowadays that he called it. Also, people who comment at his site should be a little more nuanced instead of saying things like, “None of you Keynesian wizards saw this coming, so why should we listen to you now? Only Peter Schiff and the Austrians predicted the crash.”
And I have already demonstrated over and over and over again how Mr.Schiff gets one prediction right about every 10 years (ok thats a little exaggeration). Just because they got one right doesnt mean they didnt get many more WRONG.
Im starting to think you are incapable of admitting the truth about Schiff. Scary.
Now move along. Start a new thread and watch me destroy your thesis. Chicken.