US Economy in Recession

Posted on December 16, 2008
Filed Under Foreclosure definition |

Philip Blumberg of Blumberg Capital Partners discusses the conventional definition of recession and the actual state of the economy, loss of equity, and reckless risks in underestimating available debt contraction and low liquidity.

http://www.blumbergcapitalpartners.com

Duration : 0:1:17

Technorati Tags: consumers, contraction, debt, economy, equity, estate, foreclosure, Homes, liquidity, real, recession, recovery, wipeout

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