Sunday , 19 May 2024

Tag Archives: housing bubble

U.S. Economy Faces 5 Plausable Doomsday Scenarios

Most signs point to a slow and steady recovery, but what if the pessimists are right, again? What if the United States isn't in the slow-lane to recovery, but rather on the precipice of another decline -- a double dip? [If so,] where might this re-recession begin? Words: 988

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Sovereign Debt Defaults Now Possible/Likely? (+2K Views)

Governments the world over have spent the past year bailing out, backstopping, insuring, and stimulating their financial sectors and economies throwing around trillions of dollars, euros, yen, and pounds like Halloween candy. Officials have assured us there’s little risk to that strategy but I believe that the opposite is true - that if you borrow and spend too much, all you’re going to do is transform a Wall Street debt crisis into a Washington debt crisis. Words: 882

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