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Bubble-bursting socialism 2023

To the Editor:One of the foremost flaws of the mind/brain is the Confirmation Bias, wherein we ignore sound evidence to confirm what we already believe, what we intuitively believe or what we prefer to believe. This often causes us to ignore or refuse to learn facts from history; but the unchanging laws of economics and human nature will never fail to respond to our repeated errors.The (2008/9) “Great Recession” was from the interference in the housing credit market by government (remember Barney Frank, et al?) and agencies they created by pushing mortgage and bank lenders to make low-interest home loans ...

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