Relevant:
- New Homebuyer Tax Credit Up to 8,000 Dollars and Bridge Loans May Increase Home Sales during Tax Extension Time
- Gross Sees Subdued Asset Price Growth as Credit Expansion Slows
- Fed Balance Sheet Flat But Bank Credit Soars - The Wall Street Examiner
- The Credit Problem
- First-Time Home Buyers in Limbo As Congress Weighs Credit Extension
2012-05-31 — market-ticker.org
The provision of ever-more credit has never, over the last 30 years, led to more GDP growth than the credit extended. That is, the thesis that extension of credit leads to economic progress net-net has been disproved.
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