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Fed Chairman Eats His Words on Housing Market
This Link is located in the Public Channel Housing Bubble and Bear Links.
Posted by MyPropsMonkey 2 years 188 days ago (efinancedirectory.com).  Views: 439
Tags: housing bubble
Related Tags: credit crisis  gold  wall street  peter schiff  economics  inflation  banks  
In 2005 Ben Bernanke succeeded Alan Greenspan as chairman of the Federal Reserve. Just days before being nominated for the post, he assured Congress that the national housing boom was not a bubble that was about to burst and that a cooling in the market would not affect the economy. On Wednesday, Bernanke ate those words. Read on to find out what he had to say about housing, the economy and the possibility of a Fed intervention.

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This Link is located in the Public Channel Housing Bubble and Bear Links.
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This Link is located in the Public Channel Housing Bubble and Bear Links.
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This Link is located in the Public Channel TIME Magazine Top Business Stories.
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The economist called "Dr. Doom" after he predicted the housing bubble wouldspark a crisis says governments need to do more to stave off a "near-depression"

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