Archive for the 'double dip' Category

The housing crash sequel in California – Foreclosure sales made up 45 percent of sales in Q1 of 2011 with an average discount of 33 percent. 431,000 jobless Californians have exhausted unemployment insurance.


The Bread and Circus economy: Lessons from the Great Depression Part 33. The McDonald’s and paper-mill education economy funded by a too big to fail bank.


Financial and psychological double dip for real estate – How new economic news will feed into lower home prices as incomes remain stagnant. Only 11 percent of recent loan volume in the first quarter dealt with purchases.


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