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Also, the idea that Anglo countries, especially the US, aren’t interventionist is beyond hilarious. Take the housing market, for example. The entire thing is n
by rhaway84773 3y ago
Also, the idea that Anglo countries, especially the US, aren’t interventionist is beyond hilarious.
Take the housing market, for example. The entire thing is nothing but a massive U.S. subsidy towards homeownership. Subsidies by the govt insuring 30 year fixed mortgages, while lots of carve outs in the tax code to promote housing, actual, literal intervention in the market over the past century to bail out homeowners, and companies whose failures would wreck the homeownership market, subsidized funding for infrastructure to keep those homes livable, etc.