Archive for the ‘recessions’ Category

Relax…Bush says US is not nearing recession

Thursday, February 28th, 2008

Just in case any of you are losing sleep over the economy, here’s some news to cheer you up. While it’s true that Alan Greenspan, former Federal Reserve Chairman, said earlier in the month that the chance of a recession is “50 percent or better,” Bush expressed a much more optimistic view about the economy during a press conference today: (more…)

The worst housing recession in U.S. history

Wednesday, February 13th, 2008

Nouriel Roubini argues that we are in the middle of the worst housing recession ever: (more…)