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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (686307)11/29/2012 8:11:26 PM
From: combjelly  Respond to of 1579826
 
No there wasn't. The "$3 trillion hole" is based on an imaginary trend line which assumed the real estate bubble could have continued for several more years.


No. The $3 trillion hole is how much consumer spending declined when everyone dove for cover. Sure, part of that would have been real estate, but certainly not all of it. Or even most of it. Sales of all goods and services declined, not just real estate.


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