The Approaching Winter: The Next Great Depression: Reasons for the Housing Boom

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Saturday, December 24, 2005

Reasons for the Housing Boom

Reasons for the housing boom There are several reasons, but only one that’s at the central point of all the others. The herding/crowding effect. First, many home owners are banking on the idea that with the economic expansion we’ve had over the last 12 years, despite a mini recession in 2001, we... 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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