What Started The Recession Part 2: The Housing Bubble Goes Pop

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What Started The Recession Part 2: The Housing Bubble Goes Pop

Jan 02, 09

Posted by Evlondo Cooper in News, Recession Opinions

While credit default swaps pose the most significant new risk to our economic health, the bursting of the housing bubble is the primary cause of the current recession. Now that may appear to be a simple proposition. However, the underlying causes of the housing bubble, and the consequences of its collapse, are both wide and...

How Bad Was The Recession Of 2008

2009 is definitely going to be a better year than 2008. It’s hard to see how it can get much worse. I have been studying these numbers all morning and I am amazed at how dismal they are. 2008 was a good year in that it taught us the importance of prioritizing our interests, fiscal responsibility, and that those who...