European Tribune - Comments - Who's making big bucks?

Who's making big bucks? | 6 comments (6 topical, editorial, 0 hidden)

Bulls, not bears... ;)

Just one quote from the Roubini piece:

Stephen Roach, chief economist at Morgan Stanley, added: "America's housing bubble finally appears to be bursting." He said a post-housing bubble shakeout could take at least two percentage points off the overall US gross domestic product growth rate.

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Aug 29th, 2006 at 04:03:43 PM EST

Re: Spanking bulls or bears? (none / 0)

Woops, fixed.

by Laurent GUERBY on Tue Aug 29th, 2006 at 04:17:54 PM EST
[ Parent ]

Re: Spanking bulls or bears? (none / 0)

If the housing bubble really goes up in a way similar to the dotcom bubble the impact could be very pervasive. A lot of ordinary people would be left holding the bag with defaults on mortgages.

by Richard Lyon (rllyon@gmail.com) on Tue Aug 29th, 2006 at 05:13:30 PM EST
[ Parent ]

Who's making big bucks? | 6 comments (6 topical, 0 editorial, 0 hidden)

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