Both of these were published on Bloomberg this week, yet I’m stunned that niether made the front headlines. I am further upset that the second article was in the Opinion section.
http://www.bloomberg.com/apps/news?pid=20603037&sid=ac9y1xr7yNhQ
About half of US homeowners with a mortgage will owe more than their properties are worth in 2011.
http://www.bloomberg.com/apps/news?pid=20601039&sid=aBHGhk3_aakc
Explains Broken Window Fallacy using Cash for Clunkers as an example.
Advertisement