re: #143 Killgore Trout
Excellent example. The supply side of the economics isn’t as much of a problem these days as the demand side. I think you might even be able to tie in the recent economic crisis too. Housing wasn’t in shortage, what got us was people taking out loans and equity from their houses that they couldn’t pay back.
Again, this is a myth. The foreclosure problem did not cause the economic crisis. The packaging of mortgages as risk-free debt that were then sold and resold caused it. It was entirely a product of the financial services industry, it was not caused by people taking loans and equity out.
You’ve had this explained to you many, many times, and yet you continue to either not understand the simple facts or just choose to lie about it.