Check out this PDF report from the Center for Economic and Policy Research entitled "Midsummer Meltdown: Prospects for the Stock and Housing Markets" (hat tip to the Housing Panic blog for the link). I’ll just cut to the chase and reprint the conclusion:Like Japan in the eighties, the United States has experienced a stock and real estate bubble developing side by side. While the bubbles in Japan collapsed simultaneously at [...]
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[Source: The Money Blogs]
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