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Close Topic OptionsPersisting Foreclosures - Fears of Deflation
Persisting Foreclosures Fears Deflation - Politics, Business, Civil, History - Posted: 1st Jun, 2011 - 8:30pm
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Post Date: 1st Jun, 2011 - 8:30pm / Post ID: #
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Persisting Foreclosures - Fears of Deflation
Persisting Foreclosures - Fears of Deflation
Real Estate Related News
Persisting foreclosures, unemployment and underemployment coupled with government inaction is raising fears of deflation. The American people are watching confused as on one side the reports are trickling in of a weakening economy and on the other there is non-action from Washington; both political parties have halted in their tracks and do not want to further widen the yawning budget gap. This sort of economic stagnation had overtaken Japan during the 90s.
Source: Real-Estate:Foreclosures
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TOPIC: Persisting Foreclosures - Fears of Deflation