US Homeowners' Equity is Nowhere Near 2006 LevelsGuest Post
IN THIS EDITION
A VICIOUS CYCLE
Economic data the world over indicate that a global economic slowdown is well underway. Central banks have already responded with fresh stimulus, as anticipated by financial markets. But just as the economic recovery of 2009-2011 was largely artificial and, thus, disappointing in key respects, so the unfolding slowdown is going . . .
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