[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...