Saturday, November 18, 2006

The Housing Meltdown

The housing starts data released on Friday was nothing short of shocking. While some scornfully say NYU economics professor Nouriel Roubini has called 9 of the last 5 recessions, Roubini has been spot on thus far with his analysis of housing. I'm in his camp. Here's his take: http://www.rgemonitor.com/blog/roubini/158194

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