US spending has been lifted in recent years by homeowners tapping enhanced values of their homes for cash. More than 40% of refinancings in Q4 2021 saw homeowners pull cash out of their homes. That will likely have come to a halt in 2022.
bloomberg.com/news/articles/… https://t.co/6IkBf68GdR
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…