It seems that now time has passed by... many more economists are predicting a recession because of the housing market.
An example?
Look at the Time article.
Time Article
Thursday, November 29, 2007
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The United States Housing Market woes--after the market bubble during the 1990s burst early this year, the economy has slowing down. What are some potential implications of this burst? Will other sectors be hurt? Dr. Economy takes a look at this potential problem. Don't worry though -- THE DOCTOR IS IN THE HOUSE.
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