Wednesday, July 30, 2008

Boom turns to dust

Europe's Housing Markets Come To Rue High Indebtedness As Boom Turns To Bust, Says Report

The risks posed by high levels of household indebtedness among European economies are thrown into sharp relief by the collapse in the U.K., Spanish, and Irish housing markets, says a research report titled "European Economic Forecast: Boom Turns To Bust In Exposed Housing Markets," published today by Standard & Poor's.

Posted by ash4781 @ 10:39 PM (4831 views)
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One thought on “Boom turns to dust

  • Now i can see as you all could that boom turns to bust, Oil prices rising, and now the cost of gas and the energy companys following suit, if any government would stop spinning lies and deal with things like the Hydrogen fuel cell that Stanley Meyers invented in 1980 (google it,see it and be amazed and shocked) most of the following suit enegry companys could not use the cost of oil as an excuse to raise it up over 60 %.

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