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Religion & Law

: Constitutionally Correct

Housing market slips into depression territory

By Alliance Alert

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CNBC: "In the past few years, we?ve all been careful to choose our words carefully, not calling it a recession until it fit the technical definition and avoiding any inappropriate use of the 'D' word ? Depression. Things were bad but the broader economy never reached Depression territory. The housing market, on the other hand, just crossed that threshold."

Full post as published by Constitutionally Correct on January 12, 2011 (boomark / email).

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