Staring down the barrel of another $ Trillion housing collapse. The Real Estate market for sure is double-dipping. As Joe Weisenthal writes, “Everything is still totally awful. Housing, state finances, the banking system, debt, etc. It’s all horrendous, and we could still collapse at anytime.” Nouriel Roubini, the economic super-analyst who got everything right about the last collapse, has scary things to say on the Rachel Maddow show.
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