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.
Your support is crucial...
As we navigate an uncertain 2025, with a new administration questioning press freedoms, the risks are clear: our ability to report freely is under threat.
Your tax-deductible donation enables us to dig deeper, delivering fearless investigative reporting and analysis that exposes the reality beneath the headlines — without compromise.
Now is the time to take action. Stand with our courageous journalists. Donate today to protect a free press, uphold democracy and uncover the stories that need to be told.
Related Stories
Editorial Cartoons
Editorial Cartoons
If the global swoon in stock prices were to turn into something more serious, which candidates would benefit?
Republicans and the financial sector sequester the economic surplus in their own hands, price their economic rents to squeeze incomes, and then criminalize poverty as if the poor vote to be poor as a matter of choice!
Danny Schechter's new movie, "Plunder: The Crime of Our Time," tells the story of the economic collapse as "a crime narrative as opposed to a mistakes narrative."
Every day the president reads 10 letters from the public that are handpicked by his staff. Lately, he says, a lot of them are about health care. Here's a White House-produced look at the process.
Editorial Cartoons
Editorial Cartoons
If the global swoon in stock prices were to turn into something more serious, which candidates would benefit?
Republicans and the financial sector sequester the economic surplus in their own hands, price their economic rents to squeeze incomes, and then criminalize poverty as if the poor vote to be poor as a matter of choice!
Danny Schechter's new movie, "Plunder: The Crime of Our Time," tells the story of the economic collapse as "a crime narrative as opposed to a mistakes narrative."
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.