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The Fed Protects Gamblers at the Expense of the Economy

Ellen Brown Truthdig
from of Federal Reserve building The repo market is a fragile house of cards waiting for a strong wind to blow it down, propped up by misguided monetary policies that have forced central banks to underwrite its highly risky ventures.

Are Urban Planners Partly to Blame for Gentrification?

Tanner Howard CityLab
The world’s real estate is worth an estimated $217 trillion, making up more than 60 percent of global assets. Even though three-quarters of that amount is tied up in housing, it hasn’t translated to secure shelter or prosperity for many...

Foreclosures Lead to Flippers’ Profits

Margie Burns Progressive Populist
The foreclosure crisis is alive and well, aided and abetted by house flipping. A legal loophole allows flippers in areas where the house market has rebounded to push troubled homeowners out of their houses.
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