2008 Housing Market Crash Economist Conversation

Skluzavka: 1
Don't even get me started, someone must do something to change this!
Gee, buying a house these days sure is difficult...how are you guys feeling?
Oh boy, I sure do know. Some major changes should be in the cards
John Maynard Keynes
Adam Smith
Karl Marx
Skluzavka: 2
Well, I think that the system as a whole is flawed. We must change our ways to avoid situations like this in the future.
Marx, no, you've got it all wrong. If we refrain from involvement, the economy will sort itself out and return to a stable place.
I think the government must aid these major banks to avoid further destruction, before it is too late...
Skluzavka: 3
We must promote the communist principles, individuals must buy houses for their self worth, with a profit based approach to work towards an equal market.
I somewhat agree, I think that although individuals are in great debt, the invisible hand will lead them to make the right decisions for the economy
I think that the government must capitalize on the increasing housing demand, using their wealth to create jobs and pay community members.

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