Could Housing Crash the Global Economy? | Richard Wolff vs. David Woo
October 18, 2022
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37:33Now PlayingCould Housing Crash the Global Economy? | Richard Wolff vs. David Woo
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as posted by the channelCould housing crash the global economy? There are currently a number of housing bubbles across the globe house prices relative to incomes have been at all time highs and, until recently, interest rates have been at historic lows. To read more of our analysis on Capital.com, go here
As central banks hike interest rates and the global economy struggles, we’re asking: could a housing market crunch cause a global economic crash? And if, so, how different might it be to the Great Recession of 2008? Watch former Wall Street strategist David Woo and American Marxian economist Richard Wolff go head-to-head to debate this key financial topic.
To watch more from David Woo, you can visit his YouTube channel, David Woo Unbound
And you can read more about the potential for housing crashes around the globe, by visiting all of our Capital.com analysis in the links below:
Will there be a global housing crash?
Will there be a UK housing crash?
Could interest rate hikes trigger another housing crash in Ireland?
Canadacould higher borrowing costs cause a housing slump?
Australiainterest rate rises prompt price decline
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