If that’s true, that scary runup in the upper-right corner of the first graph is the top .1% — having extracted everything they can from the 90% who have no money, really — finally going all Willy Sutton on us and going where the real money is: the top 10%. I wonder: how will those ten-percenters will feel about the glory and wonder of “free markets” a few years from now?Asymptosis
What Caused the (Next) Housing Bubble? (Six Graphs)
Steve Roth
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