Posts Tagged ‘subprime’
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Market Meltdown – Getting the US Economy Back on Track
April 8th, 2009 | 
Author: 
http://www.americanprogress.org/issues/2008/01/market_meltdown.html Since the beginning of the current business cycle in early 2001, family incomes in the United States have not risen, yet the costs for important consumer items such as housing, health care, transportation, energy, and food all climbed at often breathtaking speeds. To afford these necessities, families piled on record amounts of debt relative to their income—at a rate more than four times faster than that in the 1990s …
Duration : 0:2:14
Posted in Christian Debt Financial | 
Tags: analysis, commentary, credit, Debt, docum, dollar, economy, market, progressive, recession, stimulus, street, subprime, wall | 
14 Comments »
Real Estate Woes: Subprime Mortgages Are a Ticking Timebomb
Center for American Progress Senior Fellow Dr Christian Weller appeared on CNBC to discuss subprime mortgages and how consumers can protect themselves. For more on subprime mortgages and foreclosure rates please see: http://www.americanprogress.org/issues/2007/03/foreclosures_numbers.html What if 40 hours a week were enough? www.AMERICANPROGRESS.org
Duration : 0:4:20
