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"8 trillion (@ 60 percent of GDP) in ephemeral housing equity" "loss of 8 trillion in housing wealth" Is this true? How do you create 8 trillion in wealth?
by echochar 11y ago
"8 trillion (@ 60 percent of GDP) in ephemeral housing equity"
"loss of 8 trillion in housing wealth"
Is this true?
How do you create 8 trillion in wealth?
If it was "lost" then who has the 8 trillion now?
- ArkyBeagle 11y agohttp://www.merriam-webster.com/dictionary/ephemeral http://www.merriam-webster.com/dictionary/ephemeral
- echochar 11y agohttps://en.wikipedia.com/wiki/Monetary_circuit_theory https://en.wikipedia.com/wiki/Monetary_circuit_theory