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Monday, December 01st, 2008

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Posts Tagged ‘ Dilemma ’

US Housing Bust Goes International

Apr 14th, 2008 | By Contrarian Profits | Category: Featured, Financial News, Real Estate Investments

Worldwide real estate markets are beginning to experience symtoms of the bust which has helped crippled the US economy. “The housing news is ugly not just in the U.S., but in other countries like Britain, Ireland and Spain. (Recent Economist headline: “Britain’s property boom turns to bust: prepare for a hard landing.”) This means the flood of printing press stimulus will also grow more global, as we saw with the Bank of England slashing rates this week. Bad news for paper currencies; good news for gold.” says Justice Litle.

Tags: 1970s, Bust, Collapse, Dilemma, Economic Problems, Economy, Governments, Housing Bubble, inflation, Inflationary Effect, Slump, stagflation, William Rees Mogg, Worldwide Real Estate
Posted in Featured, Financial News, Real Estate Investments | CommentsUS+Housing+Bust+Goes+International2008-04-14+12%3A08%3A28Contrarian+Profits

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