Housing Slide in U.S. Threatens to Drag Economy Into Recession
• John Gittelsohn via Bob WillisHousing led the U.S. out of seven of the last eight recessions. This time, it may kill the recovery.
Housing led the U.S. out of seven of the last eight recessions. This time, it may kill the recovery.

As if we ever left the recession/depression that we're in now. I thought Bloomberg was more to the point rather than painting a quasi cover over the state of economic affairs. All indicators reflect that we are in the beginning stages (if not already in) a depression, which BTW is going to get a whole lot worse. Lets just call it what it really is. Of course the majority of sheeple buy the rosy propoganda of the lamestream media.