Have US house prices already hit bottom?

Base on the data of Inflation-adjusted house prices from 1988 to 2001 from (http://www.jparsons.net/housingbubble/), we draw the graph for Relative Index of Inflation-adjusted house prices from 1988 to 2001 in term of US$. Moreover, based on the data of historical Gold prices from 1988 to 2001 from (http://goldprice.org/gold-price-history.html#10_year_gold_price), we can also draw the graph for [...]

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Debt ceiling issue is a political not an economic!

US Debt ceiling is increasing significantly based on the history of US debt history data. (Ref: http://fpc.state.gov/documents/organization/105193.pdf). In fact, it is really alarming for ordinary people as well as politician both democrat and republican in USA. As mentioned by Federal Reserve Chairman Ben S. Bernanke on Thursday, it’s just a political issue not an economic [...]

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