Re:Blowing the Whistle on the Mortgage Bubble
by dmix on Friday January 25, 2013 @11:06AM
(#5116029)
Shadowstats has been discredited so many times that not even libertarians (such as myself) would go near that as a reliable source.
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Re:Blowing the Whistle on the Mortgage Bubble
by aethertap on Friday January 25, 2013 @11:20AM
(#5116113)
Could you post some links to this? I haven't seen it and would be interested to read more.
Re:Blowing the Whistle on the Mortgage Bubble
by dmix on Friday January 25, 2013 @09:59PM
(#5119043)
It mostly comes down to the fact that shadowstats keeps their data behind a paywall and it has very little peer review.
http://voxrationalis.wordpress.com/2011/05/15/the-absurdity-...
Also MIT collects a large amount of data using online prices to determine inflation rates http://bpp.mit.edu/usa/
So the inflation calculations might indeed be inaccurate but there isn't much solid data to back it up.
I personally find it better to focus on issues that have lots of data such as the debt crisis [1], the growing costs of SS and medicare and the harmful effects of industry/government collusion [2] which are all very real and can be proven.
[1] http://www.amazon.com/Endgame-Debt-Supercycle-Changes-Everyt...