Contrarian's Case: Why Us Could Dip Into Recession

By BERNARD CONDON, AP Business Writer, Seattle Post-Intelligencer: Business
Tue, 07/22/2014 - 10:15am

Nearly a decade ago, the now 59-year-old economist warned that U.S. housing was a bubble set to burst, and that the damage would push the country into a recession so severe the Federal Reserve would have no choice but to slash short-term borrowing rates to their lowest levels ever to stimulate the economy. "The recession for the rest of the world ...

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Topics:  federal reserve   investors   u.s    fed   levy   recession   rest   
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