A Charlottesville/Albemarle Area RE Blog tracking the market's decline since May 2008 on way to price bottom in 2015. The second half of 2010 saw a steep downward spiral in sales; 2011 saw sales volume at a 13 yr lo with lower prices each Quarter. 2012 began with even lower prices which resulted in an uptick in Y/Y sales. The word "Recovery" does not apply. Yet.
Friday, November 12, 2010
Quantitative Easing 2 Explained
The video at this link explains the absurdities of Quantitative Easing 2 - What it is, and why it won't work--the 'last refuge of failed empires and banana republics.' It's worth watching the whole thing. From CreditWritedowns.
1 comments:
I love this video.
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