Recovery and Reflation

By Michael Douville – Real Estate Market Visit the front pages of Wall Street Greek and Market Moving News to see our current coverage of economic reports and financial markets. First the bad news: The U.S. is in a recession, and has been since December of 2007, in my view. Furthermore, I expect it will be the worst recession since the Great Depression, and last at least until 2010. It will, however, NOT be a depression. There will be a terrible loss of jobs, with unemployment reaching almos