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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (123503)	5/16/2008 10:43:27 AM
From: Smiling Bob	Read Replies (1) \| Respond to of 306849

I like fire, so I'll be looking at the calls Unless Ben can save the entire planet with one super duper cut. ---- UN: World economy to grow by 1.8 percent in 2008 Friday May 16, 3:23 am ET By Edith M. Lederer, Associated Press Writer UN: World economy on brink of severe downturn; will only grow by 1.8 percent this year UNITED NATIONS (AP) -- The world economy is "teetering on the brink" of a severe downturn and is expected to grow only 1.8 percent in 2008, the United Nations said in its mid-year economic projections Thursday. ADVERTISEMENT That's down from a global growth rate of 3.8 percent in 2007, and the downturn is expected to continue with only a slightly higher growth of 2.1 percent in 2009, the U.N. report said.