U.S. ECONOMY'S WOES AREN'T OVER YET, SAYS NOTED UNIVERSITY OF HOUSTON ECONOMIST SMITH
May 08, 2008
May 08, 2008
HOUSTON, May 8 -- The University of Houston issued the following news release:
Everyone continues to fret over the national real estate bust and the soaring level of foreclosures. What worries many analysts is that the housing market's problems, coupled with soaring energy prices, will bring American families to their knees, burdened with debt and income shortfalls.
This spring there have been a flurry of government initiatives to cushion the blow from the subp . . .
Everyone continues to fret over the national real estate bust and the soaring level of foreclosures. What worries many analysts is that the housing market's problems, coupled with soaring energy prices, will bring American families to their knees, burdened with debt and income shortfalls.
This spring there have been a flurry of government initiatives to cushion the blow from the subp . . .