@sidereal The dot-com boom was the roaring 20s. That was the period when housing first started really getting financialized. Then the Fed cut rates to deal with the dot-bomb and blew a huge housing bubble.
@sidereal The dot-com boom was the roaring 20s. That was the period when housing first started really getting financialized. Then the Fed cut rates to deal with the dot-bomb and blew a huge housing bubble.
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