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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label Reflexivity theory. Show all posts
Showing posts with label Reflexivity theory. Show all posts
Sunday, June 27, 2021

Philippine Real Estate’s Diminishing Marginal Returns; 1Q Performance of Listed Firms; A Raging Global Real Estate Bubble! Will the Philippines Decouple?

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  People don't understand that buying property with a mortgage is just the same as buying stocks on margin. It's caused speculative ...
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