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
Democracy is the theory that the common people know what they want, and deserve to get it good and hard.
Showing posts with label housing bubble. Show all posts
Showing posts with label housing bubble. Show all posts
Thursday, April 19, 2007
Hellza Poppin': The Housing Bubble Has Burst
This is Paul Krugman of the New York Times, 10 September 2006.
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