3.06.2007

Fleckenstein: it's the housing bubble, stupid

Last month, I pointed to conflicting columns: Ken Fisher's Housing Boom! and Doug Kass's Subprime Fungus Will Spread.

This week, Kass ally Bill Fleckenstein weighs in with a victory dance.

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There are already 25 times more millionaires in the US than people who will ever be able to own one Bitcoin.