How big could this be?...You're looking at a hit to the economy that is as big as what happened with the stock market crash at the end of the '90s....It's well in the range where a serious slowdown is likely and an actual recession is not outlandish.
The Blogging Curmudgeon
Thursday, April 19, 2007
Hellza Poppin': The Housing Bubble Has Burst
This is Paul Krugman of the New York Times, 10 September 2006.
Labels:
Bush,
economy,
housing bubble,
Krugman,
recession
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment