Bloomberg on US meltdown

Monday, March 12, 2007

Foreclosures to hit 1.5million

Detailed article on continuing slow motion train crash that is US housing. For those of you unable to see the link with UK HPC the mechanism is straightforward IMO: US HPC leads to US recession leads to global recession leads to UK HPC.

Posted by andy h @ 09:11 AM (501 views)

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2 thoughts on “Bloomberg on US meltdown”

Joe says:
March 12, 2007 at 1:24 pm
Just read this guy’s article about the subprime lending fiasco , an excellent written article.
http://newyorkaddick.blogspot.com/2007/03/subprime.html
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Joe says:
March 12, 2007 at 1:24 pm
http://newyorkaddick.blogspot.com/2007/03/subprime.html
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