Is increased mortgage equity withdrawal the key to economic growth?

Ponzi schemes boost the economy through a flush of consumer spending with borrowed money. Unfortunately, Ponzi spending is not sustainable.

Macro economists look for data correlations to infer causations for economic events; however, they often fail to investigate the individual incentives… – Is increased mortgage equity withdrawal the key to economic growth?

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s