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Stephen S. Roach: US is facing double bubble trouble - property and credit bubbles peaked at 78% of GDP - 6 times the size of the tech bubble
This Link is located in the Public Channel Housing Bubble and Bear Links.
Posted by ian 1 year 254 days ago (chinadaily.com.cn).  Views: 539
Tags: housing bubble
Related Tags: credit crisis  gold  wall street  economics  peter schiff  inflation  banks  
If the economy of the United States was entering a standard cyclical downturn, there would be good reason to believe that a timely counter-cyclical stimulus like that devised by Washington would be effective. But this is not a standard cyclical downturn. [More...]

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