After months of dissembling, Alan Greenspan has whipped out the “R” word. That’s right. Now he thinks we’re in a recession. But he has qualified it. It’s a “pale recession.” Whatever that means. A shallow recession? A not-that-bad recession? A the-economy-is-doing-better-than-we-thought recession?
Greenspan insists, as well, that stagnation is what he expects for the remainder of […]
Alan Greenspan is saying that by the end of the year home prices will be well on their way to recovery. However, it doesn’t mean that things are going to stabilize immediately. Bloomberg reports on home prices and the economy:
“Once the markets start to stabilize, especially if the real economies don’t go into a severe […]
Taking finances personally
Written by Miranda Marquit [email] for b5media.
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