recession: Debt-Ceiling Debacle May Deliver Double Dip - Are Homeowners At Risk?
- 08/05/11 07:36 AM
After weeks of contentious debate, the recent compromise to raise the debt ceiling did little to improve current economic conditions. In fact the bungled handling of the debt ceiling crisis may have a triggered another economic downturn. Unemployment remains high and stocks are taking a dive bomb. Homeowners both in the Hudson Valley and across the nation watch nervously from the sidelines, as key issues that could make or break the struggling housing market hang in the balance.  Though an agreement to raise the debt ceiling was in fact reached before this Wednesdays August 3rd deadline, it hardly settled investors’ … (0 comments)
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After weeks of contentious debate, the recent compromise to raise the debt ceiling did little to improve current economic conditions. In fact the bungled handling of the debt ceiling crisis may have a triggered another economic downturn. Unemployment remains high and stocks are taking a dive bomb. Homeowners both in the Hudson Valley and across the nation watch nervously from the sidelines, as key issues that could make or break the struggling housing market hang in the balance.
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