It doesn’t take reaching the scale of 2008 to start hitting the most vulnerable. A lot of social services are provided at the municipal level and are already operating at or beyond the capacity of their budgets. A small decline in incoming taxes means that programs get cut.
“Aspirational pricing.” Brilliant! Why didn’t I think of that?
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I waiting for a Trump/Barbie doll that says, “Economics is hard!” Also, let’s start calling cryptocurrency ‘aspirational money’.
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That is actually a very good description.
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**The Manhattan property bubble is bursting strong text_
Da Manhattan property bubble is boisting
Fixed.
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