Saturday, May 19, 2007

Housing Bubble Videos

I found a fun video showing US Home prices adjusted for inflation plotted as a roller coaster: Click here for a scary ride.

Paul Krugman the co-author of the Macroeconomics e-book that we will use this summer in Econ 2 online predicts the biggest housing bust in history. Click here for the Krugman video on You Tube.

Federal Reserve Chairman Ben Bernanke issued a warning on the U.S. economy last week, saying that the housing market will continue to struggle, and that the Fed sees "significant risks" in the leveraged-buyout boom.

Finally for a little dark economics humor: Click here! search=

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