The Uncomfortable Truth About The Great Boom And This "Recovery"
Submitted by Harry Debt via EconomyAndMarkets.com,
A Yahoo Finance headline this morning reads: “Unhappy New Year: The U.S. Economy Is Stalling Out.”
We recently learned that existing home sales in November crashed 10.5% from the month before.
Guess when the last time was when we saw these levels? The housing crisis of the mid- to late-2000s!