"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Wednesday, May 13, 2015

UH-OH: USA HOUSING MARKET CONTINUES TO SLOW, SHRINK

HOUSING USED TO BE A MAJOR SOURCE OF ECONOMIC GROWTH FOR THE WHOLE USA ECONOMY.

IT'S STILL NOT DOING VERY WELL.

MEANWHILE, IN EUROPE, GERMANY'S ECONOMY IS SLOWING, AND THE REST OF EUROPE IS BARELY EKING OUT ANY GROWTH.

I'D GUESS WE ARE HEADED FOR A GLOBAL RECESSION.

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