In light of the Congressional shutdown and the looming debt ceiling deadline, Treasury Secretary Jack Lew published an editorial in USA Today, insisting that America is obligated to pay all of its bills and commitments.
U.S. Treasury Secretary Jack Lew warned Congress that the United States will exhaust its borrowing capacity no later than Oct. 17, at which point the government will have only $30 billion in cash on hand.
People are listening to real estate economists today in a way that anyone who covered the industry a decade or more ago would not recognize. Smoke is one of the members of this new wave of real estate economists. In fact, Smoke is actually the newest one on the block. The upstart economists at places like Trulia and Zillow are still new, Smoke is just the latest player to join the game..