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Investing , Economy

“The Fed’s Real Estate Bubble”

One-way streets often lead to dead ends.

by Murray Gunn
Updated: March 30, 2021

West Ham United is a football (soccer) team from the East End of London. For some obscure reason in the 1920s, fans adopted a popular music hall song as their anthem. So, if you find yourself at a West Ham match, you will witness the bizarre sight of many thousands of tough, grizzled football fans roaring out the melodic waltz of "I'm Forever Blowing Bubbles." Whenever I hear it, I always think of the Fed...

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