Effect of Household Deleveraging on Housing, Consumption and the Stock Market

Discussion in 'Economics' started by libertad, May 19, 2009.

  1. Quit posting fact-based and data-rich negative articles.

    It's anti-American.

    Surf said so.
  2. S2007S


    Good Article,

    The US is headed for at least one lost decade, with savings skyrocketing and expected to go back into the double digit range, growth will not be seen in our economy for years. I don't see any recovery anytime soon and a sideways economy until at least 2020. Everyone can believe the economy is headed for a "V" shaped recovery but they will just be surprised to see it will be a long "L" shaped recovery.