Jump to content
House Price Crash Forum
Sign in to follow this  

The Us Rope Trick, Or How To Keep The Dollar Up

Recommended Posts

The US rope trick, or how to keep the dollar up

With interest rates rising, and house prices in some parts of the US at unsustainable levels, Godley et al are right to bet on a period in which individuals will borrow less and save more. But in those circumstances, consumer retrenchment coupled with a whopping trade deficit would spell deep recession unless one of three things happened...

Grauniad economics editor agrees with us that (in the US at least) it doesn't make any sense, which is some consolation for the lack of big, recognised drops.

Madness, it's all madnes...

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.