12clicks

poor deluded child. from the first link:

Pair of experts think investors don't need to worry about the housing slump and that the markets and economy will be OK.
By Paul R. La Monica, CNNMoney.com editor at large
November 27 2006: 12:55 PM EST


NEW YORK (CNNMoney.com) -- A top economist and market strategist at Citigroup both said Monday morning they did not think the housing slowdown is going to cause the economy to plunge into a recession or the stock market to fall into a tailspin in 2007.

Speaking at a breakfast for financial reporters at the company's headquarters in New York, Citigroup senior economist Steven Wieting said that concerns about a recession due to softness in the housing market are overdone.


An economist and market strategist from Citigroup don't think the housing slump will put a major dent into the economy or stock market in 2007.


In fact, Wieting said that if the housing market had not cooled this year, that would have presented a greater risk to the economy since it most likely would have led to increased inflation and probably more interest rate hikes from the Federal Reserve.

"Without the housing downturn, the economy would be overheating and there would be more inflation and tightening pressures," he said.

Wieting indicated that perhaps too much attention is being paid to the housing market and that there would need to be more than just a real estate slowdown to cause widespread pain to the consumer. He pointed out that consumers have so far withstood weakness in housing as well as a steady rise in the price of oil and gas over the past few years.
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now, intelligent people will understand that your link supports my position.

god only knows what bullshit you'll read into it.

fucking kids imagining they know more than me.

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