Comments on: Another Political Recession That Has Not Happened… http://www.therealestatebloggers.com/2008/06/01/another-political-recession-that-has-not-happened/ Real Estate Blog, Mortgage, and Development News Fri, 20 Nov 2009 23:48:48 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Kirk http://www.therealestatebloggers.com/2008/06/01/another-political-recession-that-has-not-happened/comment-page-1/#comment-216187 Kirk Mon, 02 Jun 2008 12:45:34 +0000 http://www.therealestatebloggers.com/2008/06/01/another-political-recession-that-has-not-happened/#comment-216187 Don't be so quick to call for a turnaround. If you think we are through the credit crisis and that growth is around the corner, you are sadly mistaken. With prices on the rise and corporations with little ability to raise prices, profit margins will shrink. Once this happens, corporations cut. All of this on top of a slowing consumer and housing market poised for greater pain ahead then you have trouble ahead. Don’t be so quick to call for a turnaround. If you think we are through the credit crisis and that growth is around the corner, you are sadly mistaken.

With prices on the rise and corporations with little ability to raise prices, profit margins will shrink. Once this happens, corporations cut. All of this on top of a slowing consumer and housing market poised for greater pain ahead then you have trouble ahead.

]]> By: Jonathan Blackwell http://www.therealestatebloggers.com/2008/06/01/another-political-recession-that-has-not-happened/comment-page-1/#comment-216061 Jonathan Blackwell Mon, 02 Jun 2008 02:24:50 +0000 http://www.therealestatebloggers.com/2008/06/01/another-political-recession-that-has-not-happened/#comment-216061 Alan Greenspan knows exactly why the economy isn't in recession. If you devalue the dollar you fluff exports and artificially inflate growth. Part of the reason he quit was because he didn't agree with this administrations dollar policy. Alan Greenspan knows exactly why the economy isn’t in recession. If you devalue the dollar you fluff exports and artificially inflate growth. Part of the reason he quit was because he didn’t agree with this administrations dollar policy.

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