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Mises Economics Blog

Greenspan, Patron Saint of Skateboarders

January 4, 2009 9:53 PM by Jeffrey Tucker (Archive)

Skaters Jump In as Foreclosures Drain the Pool

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Comments (5)

  • J Cortez

    I had friends that were high school skateboarders during the last housing bust in California. They remember the foreclosed homes with pools very fondly.

    Published: January 4, 2009 10:34 PM

  • Speedmaster

    LOL! ;-)

    Published: January 5, 2009 7:39 AM

  • Bruce Koerber

    These pools in foreclosed properties represent the picture perfect Keynesian version of private capital.

    It is a wierd reality that the Keynesian world of short-run economics is what Keynesianism creates! This is the job security that the ego-driven interventionists love. This is why academic empiricists have their own little world of 'economic literature' to embellish their resumes despite the fact that they are charlatans.

    Published: January 5, 2009 8:58 AM

  • Christopher Hightower

    In my younger days I could have rode that pool. Spent a lot of days skateboarding. Now, I just play a game of Tony Hawk on playstation, instead of risking breaking an arm or my neck. Skateboarding, takes a toll on your lower body (chins, ankles, knees,). Ouch!

    P.S. On behalf of skateboarders, thanks for the empty pools.

    Published: January 5, 2009 8:45 PM

  • vlad popovic

    Wow! Even dudes with multiple concussions know who caused the housing bubble!

    Should CNBC start replacing their anchors with skateboarders in an attempt to regain a shred of credibility?

    Or, since concussions appear to be a better predictor of economic sense than a Nobel prize, should we strap skates (but no helmet, looks like) on Krugman and turn him loose until he sees the light?

    Published: January 6, 2009 6:14 AM

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