The Approaching Winter: The Next Great Depression: Housing Bubble's Pop

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Thursday, January 19, 2006

Housing Bubble's Pop

The U.S housing bubble is the largest on record and the bigger this bubble becomes the worse the pop will be. Below are reasons for this extremely hard landing that will usher in the next great depression. * Increase in foreclosures. Up 13.5% nationwide in Dec 2005. * Rising rates throughout 2006.... Sign in to see full entry.

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The Approaching Winter: The Next Great Depression is a book that combines U.S. history and America’s ever repeating cycles with a psychology that has been slowly changing form since the turn of the century. Within the next few years, America will have to come to grips with an approaching economic winter that could result in the worst depression in its 230 years of history. What we thought our children’s children would have to struggle through may be ours to endure. As this book was being published by Author House, Americans experienced yet another great tragedy upon our soul as Hurricane Katrina ripped through the Gulf of Mexico coastline. This catastrophe, 9/11 and perhaps future events may be the triggers that will usher in the next great depression. For more information on this book, click on Author House, type The Approaching Winter for title.

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