Friday, August 10, 2007

We Told You So


By JEREMY W. PETERS and WAYNE ARNOLD
Published: August 10, 2007
Stocks extended their losses on Wall Street this morning after markets in Europe and Asia fell sharply in the wake of a rout in the United States markets on Thursday over widening fears of losses in the American housing loan market.
The weekly Kunstler column has been warning of a Housing Bubble probably for the last 3 months or more.
For full article click on the title to link to the New York Times article.

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