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ARTICLE_DATE December, 17 2007 00:01:00
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ARTICLE_TEXT <p>The front page of the October 31st issue of The Outlook, published by Standard &amp; Poor's and found in the Reference area at the Library Center on South Campbell, has a chart integrating the occurence of recessions and housing slumps.&nbsp;&nbsp;The accompanying Outlook article discusses this. </p><p>While S&amp;P pegs the liklihood of a recession at 33%, <a href="http://business.smh.com.au/vulnerable-us-economy-at-risk-of-recession-analysts/20071216-1hf1.html">Alan Greenspan and others</a>&nbsp;see the odds as 50-50 or better.</p><p>Even the <a href="http://www.reuters.com/article/ousiv/idUSN2749251320071127">White House</a>, a very reliable purveyor of sunny optimism, isn't sounding all that perky<font color="#151e57">.<br /></font></p>
ARTICLE_TITLE What Happens When You Stick a Monkey Wrench into a Whirling Economy?
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What Happens When You Stick a Monkey Wrench into a Whirling Economy?

The front page of the October 31st issue of The Outlook, published by Standard & Poor's and found in the Reference area at the Library Center on South Campbell, has a chart integrating the occurence of recessions and housing slumps.  The accompanying Outlook article discusses this.

While S&P pegs the liklihood of a recession at 33%, Alan Greenspan and others see the odds as 50-50 or better.

Even the White House, a very reliable purveyor of sunny optimism, isn't sounding all that perky.


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