Better late then never?
…so finally, even the Swedish minister of finance is out warning that we may have the beginning of a housing bubble in Sweden. Great. And in the same breath, he praises that the central bank has been “very active” in trying to stave off the crisis, when this is exactly what has initiated the bubble blowing. These things aren’t that hard to predict, in all honesty. I predicted it at 4 months ago.
