Another ATS Coup! CNN About 2 Years Late to the Game.

Another ATS Coup! CNN About 2 Years Late to the Game.

www.cnn.com

Opinions vary on when and where to begin the story, but many experts trace the origins of the current economic situation to the housing bubble that came about earlier this decade.

Housing prices jumped at a rate above 6 percent in 1999 and increased rapidly and steadily as the decade turned, according to a recent study by the Brookings Institution.

"After the mid-1990s ... real house prices went on a sustained surge through 2005, making residential real estate not only a great investment, but it was also widely perceived as a very safe investment," the study said.

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Related News Links:
www.nationalpost.com

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CNN gives its readers a Dummy's Guide to the Credit Crisis and Depression. It's clear, lucid and an easy-to-follow, if not perhaps too elementary, explanation of the current economic demise.

It's also about two years too late.

Weren't we at ATS talking about these very reasons for a loooong time?

See these following links...(including a thread started on the day many highlight as the official start of the market collapse).


www.cnn.com
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Agreed. But I think they know it now. They are playing catch up as it's not surprising to see a CT story tossed out by them every now and then lately. Especially Rick Sanchez. He frequently reads CT-minded twitters on his show.

I also think that the rise of collaborative media has made it virtually impossible for MSM to deny certain story angles. Now people can just access so much more information to counter the propaganda.