Dirk

Prime Mortgages Are Also Going Sour

Chap08, since I cant post a graph here, go to research.stlouisfed.or... and look at the relationship between housing starts and the end of recessions. One glance and you will see you dont know what you are talking about. Housing has historically lead us into and out of recesssions


On Aug 21 07:04 AM chap08 wrote:

> "Housing is normally the locomotive that pulls the U.S. economy out
> of recessions"
>
> You can't have any evidence for saying that - because there isn't
> any. The evidence is that the rest of the economy drags housing out
> of the slump.