Double-Dip? Shiller says “Yes”

Robert Shiller originator of the case-shiller report, during an interview last year made the clear warning statement that the was real potential in the market for a further drop in housing prices and therefore a real potential for a ‘double-dip’ recession.

My own view is that a double-dip is coming and that the second ‘dip’ will feel more like a depression than a recession.

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