ArchivesTag : housing crisis
Economic Meltdown – How Far and What to Do?
Last September (2007) I had occasion to keynote the annual Housing Conference in Washington State. In that speech I suggested to a skeptical audience of housing, building, and real estate officials that the debt problem then appearing was deeper and more structural than currently accepted. The economic indicators, stock market performance, and general near panic [...]
Full StoryOutlook 2008
Here is my outlook for 2008, recorded December 21, 2007. Overview – 2008 will be a year that feels like a whip-saw. Promising innovations. Economic turmoil. Large events The Economy 2008 – Paradoxes 2008 will be one of paradox, innovation balanced by turmoil. Because of the tremendous interconnectivity of researchers, the availability of money for [...]
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