The bursting of the U.S. house price bubble is bad news, but it comes at the best possible time. The emergence of China and India and the slump in the dollar are keeping world growth up. That gives the US a chance of avoiding recession. Go to article...(read more)
http://communities.canada.com/nationalpost/blogs/tradingdesk/archive/2007/10/12/u-s-bubble-bursts-at-best-time.aspx
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