tag:blogger.com,1999:blog-21691527690773006452010-06-21T14:27:31.680-07:00EPIThttp://www.blogger.com/profile/14172913227314433643noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2169152769077300645.post-47731231245886994032010-06-21T14:19:00.000-07:002010-06-21T14:27:31.688-07:002010-06-21T14:27:31.688-07:00I found this interesting. In the embedded video, Meredith Whitney says that a double dip in housing is a certainty.<br /><br /><object id="cnbcplayer" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=9,0,0,0" classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" width="400" height="380"><param name="_cx" value="10583"><param name="_cy" value="10054"><param name="FlashVars" value=""><param name="Movie" value="http://plus.cnbc.com/rssvideosearch/action/player/id/1526836676/code/cnbcplayershare"><param name="Src" value="http://plus.cnbc.com/rssvideosearch/action/player/id/1526836676/code/cnbcplayershare"><param name="WMode" value="Transparent"><param name="Play" value="-1"><param name="Loop" value="-1"><param name="Quality" value="High"><param name="SAlign" value="LT"><param name="Menu" value="-1"><param name="Base" value=""><param name="AllowScriptAccess" value="always"><param name="Scale" value="NoScale"><param name="DeviceFont" value="0"><param name="EmbedMovie" value="0"><param name="BGColor" value="000000"><param name="SWRemote" value=""><param name="MovieData" value=""><param name="SeamlessTabbing" value="1"><param name="Profile" value="0"><param name="ProfileAddress" value=""><param name="ProfilePort" value="0"><param name="AllowNetworking" value="all"><param name="AllowFullScreen" value="true"><br /><embed name="cnbcplayer" pluginspage="http://www.macromedia.com/go/getflashplayer" allowfullscreen="true" allowscriptaccess="always" bgcolor="#000000" height="380" width="400" quality="best" wmode="transparent" scale="noscale" salign="lt" src="http://plus.cnbc.com/rssvideosearch/action/player/id/1526836676/code/cnbcplayershare" type="application/x-shockwave-flash"></embed><br /></object><br /><br />Given the catalyst of the last dip was related to housing, wouldn't this be the same a second time around, presenting us with an economic double dip?<br /><br />Or, have Fannie and Freddie gobbled up enough mortgages to get them off of corporate books, which might help shield the wider economy from a double dip?<br /><br />In either case, when pressed by CNBC, Whitney would only commit to saying that there was a chance greater than 1% that we'd see an economic double dip.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2169152769077300645-4773123124588699403?l=jerrygyoungii.blogspot.com' alt='' /></div>EPIThttp://www.blogger.com/profile/14172913227314433643noreply@blogger.com0