2min chapter

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Powell Wants You to Lose Your Job (EP.276)

Animal Spirits Podcast

CHAPTER

The Housing Market Is All but Broken

I don't think it's going to take much more for things to start breaking in the financial system, unfortunately. I think if they let mortgageres get to eight %, the housig market is all but broken. People who have to buy houses are going to be just in a petty position. If you break the housing market, you break the us Economy. So we gat esent is fast.

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