tag:blogger.com,1999:blog-8492416005551532574.post6054191245867740042..comments2024-01-09T08:21:38.158+02:00Comments on Finnish Housing Bubble Bursting - Asuntokupla: EspoonKruunu Oy, Madness At Play ...HousingFinlandhttp://www.blogger.com/profile/11208457813231210207noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8492416005551532574.post-82499717358823643502011-10-30T13:07:15.451+02:002011-10-30T13:07:15.451+02:00Andrew, I agree...debt binge has sustained employm...Andrew, I agree...debt binge has sustained employment - make asset owner rich. <br /><br />However, it really created a very unstable platform that each a crack was patched with a temporary solution consisting in increasing even further debt level which created more instability that was again patched with temporary fix based on debt...and the game go on.<br /><br />I suppose they better find a better model otherwise, the institution behind them will find hard to justify their usefulness.HousingFinlandhttps://www.blogger.com/profile/11208457813231210207noreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-25103473098733172192011-10-29T17:21:58.230+03:002011-10-29T17:21:58.230+03:00The madness is the unsustainable debt financed ser...The madness is the unsustainable debt financed service economy where every one of us is getting a benefit one way or another via debt spending.<br /><br />Somebody has to get less. Obviously it needs to be the other guy rather than me.Andrewnoreply@blogger.com