Foreign “Smart Money” Frets about Turmoil at Home, Flees, Plows into US Housing Bubble 2, Thinks it’s a “Safe Haven”
Naked Capitalism / Posted 8 days ago
Lambert: Just what we need; more 1%-ers. And if turmoil in emerging markets keeps up, we’ll have more of ’em, as conditions “at home” sharpen.
Wealthy, very nervous foreigners yanking their money out of their countries while they still can and... Read more