Harold
This spectacularly bad news got lost in the
recent shuffle of sensation stories.
In the 1990s and 2000s, the US economy was
driven by housing sales to keep itself afloat
financially.
Now the market is not only significantly down,
but recent numbers show things are getting worse
not better.
If housing and the consumer is the driver of the
US economy what's going to happen when that
market doesn't come back?
No one is asking this question. Prudent people
might give it some though.
Video:
http://www.realecontv.com/page/1598.html
- Brasscheck
Friday, 6 May 2011
Posted by
Britannia Radio
at
14:06