Thursday, July 3, 2008
Impending Doom (not directly house prices)
As the world stands on the brink of another recession, it is impossible to tell how deep it will be or how long it will last. Commentators are always confident that there will be an upturn and economic growth will return. This time, however, some are reminding people that past performance may not be indicative of future results, and there are claims that globalisation is unsustainable and growth economics is coming to an end.