Thursday, March 15, 2007

The Markets stumble

We seem to have a stumbling in the markets. While I am not an expert on world markets, the news I hear seems to indicate either one of two causes. One is Greenspan said something about a possible resession, and the other is the collapse of the SubPrime Lending sector.

The SubPrime Lending Sector seems to be the culprit. Odd how a downturn in a practice that can best be described as slimball can cause a nationwide economic stumble.

Good Forbes Article

Some Good Background from Forbes


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