Posts tagged as:

great recession

Foreclosures Causing Mass American Migration

by Moe Bedard

The real estate recession, which has frozen more then 10 percent of homeowners in their homes, has slowed domestic migration dramatically in many states in the South and West, including Nevada, Arizona, Idaho, North Carolina, South Carolina and Montana.

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A Group of Economists Predict Painful Times Ahead

by Moe Bedard

7. This recession is very different, and comparisons to past recessions are not good predictors. There has never been a worldwide banking collapse like this since the Great Depression.
8. Real estate will go back to being a long-term investment instead of a trading vehicle as it became in the last 15 years.
9. The Internet has [...]

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Great Recession Will Maintain Grip for a Generation

by Moe Bedard

The data is clear – and it is REAL. The US (and nations around the world) are printing money with reckless abandon. We are bailing out insolvent institutions that should have failed long ago. The credit engine in the United States of America has seized up. Millions are losing their jobs. Homes are being foreclosed [...]

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