Tuesday, August 21, 2007

Recession On The Way

Not a very positive way to start to put the wraps on a summertime evening.  But, it's tough to stare reality in the face.  Especially when it's an ugly face you're staring at...


Batten down the hatches!



Unless we are very lucky, a global recession is in the cards. As this excellent post explains, the US housing bubble is really just a symptom of a more widespread problem that is currently battering the world's financial markets. (And, yes, Dubya's administration [...]



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