Truthdig - Tag - Downturn

	<a href='http://www.truthdig.com/banners/www/delivery/ck.php?n=a9cd87eb&cb=1647863495' target='_blank'><img src='http://www.truthdig.com/banners/www/delivery/avw.php?zoneid=1&cb=1647863495&n=a9cd87eb' border='0' alt='' /></a>	May 21, 2013
		Text Size

Trending: chris hedges economy elizabeth warren politics robert scheer

Rise Up or Die

Revenge of the Bear: Russia Strikes Back in Syria

Real American Boy: How Our Byzantine Immigration System and Failed Economy May Have Made a Terrorist

Tumblr Is Worth $1.1 Billion to Yahoo for One Reason: You

It's News, Not Espionage

Too Soon to Tell: The Case for Hope, Continued
By Rebecca Solnit, TomDispatch

Warming Climate Endangers U.K. Farming
By Kieran Cooke, Climate News Network

Real American Boy: How Our Byzantine Immigration System and Failed Economy May Have Made a Terrorist
By Susan Zakin

Revenge of the Bear: Russia Strikes Back in Syria
By Juan Cole

DOJ Allegedly Spied on Fox News Correspondent, the FBI Investigates Bachmann, and More

Gillibrand’s Student Loan Proposal Follows Warren’s Lead

College: A Lesson in Inequality

Obama Unscathed by Scandals, Mayor Denies Smoking Crack, and More

Will Yahoo ‘Ruin’ Tumblr?

Flaring Violence Kills 130 People in Iraq in Three Days

‘Left, Right & Center’: The White House Scandal Trifecta

Save Our Democracy: Buy the L.A. Times for $660 Million

‘The Daily Show’: Stewart Slams Hypocrites Cheney and Rumsfeld

Video Allegedly Shows Police Beating David Silva to Death

‘SNL’: Stefon’s Farewell Features Anderson Cooper

Act of Congress
By Jesse Eisinger

Daily Rituals
By Gabriel Thompson

The Girls of Atomic City
By Scott Martelle

The Questions Education Reformers Aren’t Asking

Dig led by Mike Rose

Gore Vidal: His Life and Legacy

Dig led by Truthdig Staff

Tag: Downturn

Bloomberg.com

The International Monetary Fund, the darling lending institution of neoliberal capitalists, believes that the U.S.‘s current mortgage crisis is dragging down the world economy. The IMF is predicting at least a two-year global economic downturn, led by the U.S. credit crunch, that also has a gambling chance of turning into a “global recession.”

Posted on Apr 9, 2008 READ MORE | 1 COMMENT

Pop! Housing Bubble Burst is Real, and Consequential

Economist and N.Y. Times columnist Paul Krugman writes that the downturn in the housing market is “a recipe for a major bust, not a soft landing,” and that it will likely drag the entire economy down with it. As evidence, check out this Cincinnati Enquirer article about consumers tightening their belts in the face of the housing slump and high gas prices.