The Gathering Storm
Alarm about the state of the economy and the risk of outright recession next year continues to mount....November 25, former Treasury Secretary Lawrence Summers -- a more astute or experienced observer would be hard to find -- raised eyebrows when he seemed to put the chances of recession at better than 50-50, even assuming that policy is changed to address the danger...If housing-market distress mounts over the next few months, as seems certain, and if ... Full Story »
Posted by Beth Wellington
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