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202 comments on The bank panic
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202 comments on The bank panic
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I mean there has been a misallocation of resources. Too many home builders and investment bankers, not energy production, not enough hi tech companies working on break through energy production technologies.
Perhaps we are in agreement on this point.
We do agree on many of the dynamics. You're way of stating misled me. What I see from my perspective is a shortage of housing. If it were not so I could be buying a house rather than building my own. As owner-builder, I suffer greviously from govenment regulations but see them as part of the vested commercial interest's way of increasing their profits. Government is merely their servant.