Tuesday, 11 September 2007

This is an extract from Boon: America's Housing Bubble

Was reading a report published by:

Economist Intelligence Unit
26 Red Lion Square
London WC1R 4HQ
United Kingdom

Thought of sharing some of the interesting figures with you:

The 1st figure shows America's housing bubble.
The 2nd figure shows the bursting of housing bubble experienced by the Japanese back in the 80s, which took them more than 20 years just to merely climbing out from it!







Is the US economy heading to a recession?

Yes, it is. 85 (51%)

No, it is not. 54 (32%)

It is already in a recession! 10 (6%)

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