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Wednesday, December 07, 2005

Pop! goes the housing bubble...

The Anderson Forecast, an economic report generated at UCLA, says that the economy could hemmorhage 800,000 jobs and send us into a recession next year, just in time for the Midterm Elections. That housing bubble that everyone's afraid will pop seems to actually be starting to pop according to the current quarterly Anderson Forecast.

Predigested version available at Yahoo, thanks to Associated Press.