“Pathological Rationalism” – Housing Bubble!

burbuja-650x400The housing bubble has busted and many people are feeling the effects, not only locally, but worldwide. California was, at one time, the 5th largest economy in the world and now it’s the 8th. California has a larger GDP than most countries on planet earth!!! Why is it that we cannot balance our budgets and keep employment rates from declining? This is due mainly to greed, ignorance and political agenda.

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