The Obama administration’s main foreclosure-prevention program risks helping few borrowers and may do more harm than good by “merely spreading out the foreclosure crisis” over several years, federal investigators said.
This defines the strategy of how to manage a depression. The management of the pain of liquidation and devaluation over time, a controlled release, as not to disrupt the social, financial, and economic status quo. Spreading out the foreclosure crisis is no accident or unintended consequence of another government program. It is also why these patterns are called depressionary boxes rather than triangles.
Source: bloomberg.com
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