Share 'Recession? Yes, California Housing Market Crash? No'
The National Board of Economic Research (NBER) has announced that the U.S. economy is officially in a recession. To which most of us would respond, “No kidding!” The Bureau defines a recession like this:
“A recession is a significant decline in economic activity spread across the economy, normally visible in production, employment, and other indicators.”
We are all very aware of the consequence…
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