Monday, September 17, 2007

The Latest Out Of The Mouth Of Greenspan

Alan Greenspan was reported as saying:US house prices are likely to fall significantly from their present levels, Alan Greenspan has told the Financial Times, admitting that there was a bubble in the US housing market... the decline in house prices ’is going to be larger than most people expect’.It’s a good thing we are immune and special and not in a bubble, at least according to the experts. That way we get to continue living in a crushingly unaffordabl[...]

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[Source: The Money Blogs]

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