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Anonymous

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Pretty good book

Overall
5 out of 5 stars
Performance
5 out of 5 stars
Story
5 out of 5 stars

Reviewed: 09-18-23

It summarizes the 18-year property cycle very well. My only problem is they shied away from the prediction portion of their book. But once you do the math and pick up what they have been laying down. You will understand that our next winner's curse is in 2026 and the bottom is around 2028 or 2029. He does a good job of detailing the cycle.

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1 person found this helpful

Gregorian & Austrian economics combined

Overall
5 out of 5 stars
Performance
5 out of 5 stars
Story
5 out of 5 stars

Reviewed: 12-06-22

I am interested in economics. I was wondering why Austrian economists were able to predict the 2008 recession. However the author Fred is the only person who predicted the 2008 real estate crash a decade before it happened. In 1998 he predicted the 2008 real estate crash.

He was able to predict it by combining Henry George & Mises together. This book covers that. It explains a lot of background as well.

If all you understand is Kensyan economics or Friedman. Give this a try. Should help you understand that the boom and bust cycle is abnormal. And also explain why everyone but Fred and a few others keep getting it right

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