Share on Google Plus Share on Twitter Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend

Printer Friendly Page Save As Favorite View Favorites (# of views)   No comments
Exclusive to OpEdNews:
OpEdNews Op Eds


By       Message Carlos T Mock     Permalink
      (Page 1 of 1 pages)
Related Topic(s): ; ; ; ; ; ; ; ; , Add Tags Add to My Group(s)

View Ratings | Rate It

Author 2458
I have been saying since February 17th 2007 that the US economy is heading for a hard landing, possibly a recession while Mr. Bernanke and President Bush were insisting that we had a “strong economy” I predicted that concerns over risky US mortgage lending were a key indicator of credit problems hovered at record levels, after many mortgage lenders failed and a big homebuilders admitted that borrowers' difficulties could damage their businesses.

I also predicted that investor worries over loans made to US borrowers with weak credit histories would grow over the year. I predicted that the American consumer would take all the equity from their homes to buy luxuries they could now afford with easy credit. I even predicted the housing bubble and the subsequent subprime crisis. (


- Advertisement -

View Ratings | Rate It
Travel website: The Pink Agenda. Several Blogs. Weekly newsletter, available upon request. Publications - Fiction: Borrowing Time: A Latino Sexual Odyssey - Floricanto Press 2003. Poetry: The Refined Savage Poetry Review - Refined Savage (more...)

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon

Go To Commenting
/* The Petition Site */
The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Sexual Addiction

Gay Rights during the Bush Presidency

History of Same Sex Marriage Jurisprudence


Puerto Ricans must address America's race and class divide

Puerto Rico, Past , Present, and "Future"