But they that wait upon the Lord shall renew their strength. They shall mount up with wings as eagles. They shall run and not be weary. They shall walk and not faint. Isaiah 40.31
Thursday, April 5, 2007
How the Housing Bust Will Spread
This article begins to investigate the broader implications of the subprime housing meltdown. Most of the commentators are saying that it will be "contained" to the housing market. I think it will not. We shall see.
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