Greenspan – Possible Recession This Year!
Alan Greenspan, the former chairman of the Federal Reserve, in a speech transmitted to a business conference in Hong Kong on Monday, articulated the fear that some investors may have when he warned that a recession was possible in the United States later this year. In so doing, he seemed to distance himself from Ben Bernanke, the current Fed chairman, who has been much more upbeat.[tags]recession,housing market,home values[/tags] San Diego events
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With our falling real estate values, it’s a sure bet San Diego will be a leader in the coming recession!
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Greenspan was right-on about the stock market. I believe he is again correct about a recession this year.
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Falling housing values will be the cause of the upcoming recession!
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