Thursday, November 08, 2007


Ben Bernanke is finally warning us that the housing recession is likely to spread throughout the economy (
And while he isn't using the "R" word, every other housing recession has let to a wider economic recession. Yet, with GDP growth over 3% in the third quarter, we have a lot of slowing in front of us--how sharp and fast will this downturn accelerate?
It makes me nervous!


Post a Comment

<< Home