One of the best analyses of the USA housing crisis
I like the seekingalpha.com site. ‘Alpha’ refers to trying to make a movement in the financial markets with no risk. It is very tough to do, almost a mirage. Unless you are Bernard Madoff, feeding all the rich yutzes some Kool-aid.
A gent by the name of Richard Lounsbury, has written a very cogent analysis of the housing situation on the seekingalpha.com site. You will never see something this detailed and well written in the pulpy fissures of Time, Money or the same. He has tied in various graphs and refers to many other reports. Very much worth a read.
