CONTROLLED DEMOLITION: Why the Housing Bubble Bust Is Baked In – By Charles Hugh Smith
Source – oftwominds.com ‘…I’ve noted in the past, bubbles typically manifest a symmetry in their ascent and decline. All the gains are eventually reversed, and if the system is destabilized by the bubble bust, then prices drop far below previous lows. Setting aside rationalizations in favor of fundamentals, the housing bubble’s bust is already baked…































