[Texgreen] If you run out of things to worry about
Roger Baker
rcbaker@eden.infohwy.com
Sun, 27 Aug 2006 02:11:18 -0500
<http://observer.guardian.co.uk/business/story/0,,1859024,00.html>
... After official figures last week showed that the number of new
homes sold in July was 22 per cent lower than a year earlier, while
prices were almost flat, fears are mounting that the 'orderly'
housing slowdown predicted by the Federal Reserve will become a full-
blown crash. 'Things do seem to be getting worse very quickly.
Freefall is a strong word, but I think it's the right one to use
here,' said Paul Ashworth, chief US economist at Capital Economics...