Hamilton steroid bust

The Economist magazine stated, "The worldwide rise in house prices is the biggest bubble in history", [53] so any explanation needs to consider its global causes as well as those specific to the United States. The then Federal Reserve Board Chairman Alan Greenspan said in mid-2005 that "at a minimum, there's a little 'froth' (in the . housing market) ... it's hard not to see that there are a lot of local bubbles"; Greenspan admitted in 2007 that froth "was a euphemism for a bubble". [35] In early 2006, President Bush said of the . housing boom: "If houses get too expensive, people will stop buying them... Economies should cycle". [54]

Hamilton steroid bust

hamilton steroid bust

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