Monday, March 12, 2007

Bloomberg on US meltdown

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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