Vincent R. Reinhart

Latest Vincent R. Reinhart Items
  • Nearly a third of U.S. homeowners have been stuck with houses worth less than they paid and ended up over their heads in debt with mortgages that borrowers often could not refinance because they had no equity. Studies show that recessions resulting from major financial collapses, such as the monumental housing bust and banking crisis of October 2008, usually have slow and difficult recoveries.

    Slow recovery from
 recession has been 
par for the course

    The sluggish recovery, as GOP candidate Mitt Romney repeatedly notes, pales in comparison to previous comebacks in the U.S. economy since World War II, but studies show that recessions resulting from major financial collapses such as the one in October 2008 usually have slow and difficult recoveries.


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