US Housing Market Crash to Touch Off Second Great Depression

"A shrewd economist and student of history like Greenspan knew exactly what the consequences of his low interest rates would be. The trap was set to lure in unsuspecting borrowers who felt they could augment their stagnant wages by joining the housing gold rush. It was a great way to mask a deteriorating economy by expanding personal debt." (As an aside, whatever did co-opt the former rabid free-market Randite, Greenspan?) Article by Mike Whitney.