A blogger called "
The Money Illusion" examines five widely held assumptions about important economic events of the last few years, and concludes that we too seldom re-evaluate our assumptions in the light of what later events should be teaching us:
Let’s consider 5 popular hypotheses:
1. The mortgage interest deduction has a major impact on the housing market.
2. The NASDAQ was obviously wildly overvalued in 2000.
3. Switzerland was forced to revalue its currency in January 2015.
4. The US housing market was obviously wildly overvalued in 2006.
5. Brexit would cause a recession in the UK economy.
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