Wednesday, August 16, 2006

trouble ahead for the us economy

aug 9th 2006

as the Fed has stopped raising rates, it's acknowledging that growth has slowed.

housing has definitely slowed. the bubble is popping or fizzing

the indian real estate bubble is still going strong, i predict for another three years.

http://www.iht.com/articles/2006/08/08/business/fed.php

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