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.
Find this article at