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Reuters: Depression risk might force U.S. to buy assets

  Feb 12, 2008 NEW YORK (Reuters) - Fear that a hobbled banking sector may set off another Great Depression could force the U.S. government and Federal Reserve to take the unprecedented step of b...
Posted by on Tue, 12 Feb 2008 14:55:00 GMT

Economics. 12 reasons...recession < depression

First, this is the worst housing recession in US history and there is no sign it will bottom out any time soon. At this point it is clear that US home prices will fall between 20% and 30% from their b...
Posted by on Wed, 06 Feb 2008 00:36:00 GMT