Lawrence Summers: To fix the economy, fix the housing market

This is a re-post of why this country's economy and why the global banking system will collapse.  With leadership like this, who needs enemies? 

http://blogs.reuters.com/lawrencesummers/2011/10/24/to-fix-the-economy-fix-the-housing-market/

The central irony of financial crisis is that while it is caused by too much confidence, too much borrowing and lending and too much spending, it can only be resolved with more confidence, more borrowing and lending, and more spending.