Tuesday, June 22, 2010
US consumer recovery has been financed by stopping mortgage payments
MEREDITH WHITNEY: HOUSING DOUBLE DIP IS CERTAIN
CNBC Video. Bank analyst MW with a very clear take on things as usual. US States and local governments also starting austerity programs, job cuts. Consumers not paying their mortgages and bank earnings are falling so double dip expected.
Posted by mountain goat @ 03:00 PM (873 views)
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