I haven't commented on the financial meltdown of the last few weeks .....
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| Foreclosures Rise During Recessions |
..... mainly because there are thousands of blogger's who will do so, from the professional, to the amateur economists and political commentators, and each will have their own take on events:
- Those on the Left are pointing to Marxian economic theory, and saying the collapse of western capitalism is historically inherent in the model.
- Those on the right are more subdued, but say the model is robust enough to recover (although admittedly not without great pain and subsidy).
