8 Problems That Could Send the Economy into a Double-Dip Recession

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Double-dip recession

With stock prices spiraling downward and treasury yields tanking, the market has been sending a clear message this week: The fragile economic recovery is in trouble. But just how bad is the outlook? In the aftermath of a bleak second quarter, experts are still divided about the likelihood of a double-dip recession. What’s becoming clearer with each new report, though, is that the economy–even if it doesn’t double dip–is steadily losing ground.

 

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Student Loan Debt Crisis: Who’s to Blame as Students Get Buried in Debt?

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Graduates struggle to afford the decades of payments they face.

Like many middle-class families, Cortney Munna and her mother began the college selection process with a grim determination. They would do whatever they could to get Cortney into the best possible college, and they maintained a blind faith that the investment would be worth it.

 

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Wealthy Greeks Drive Up London’s Luxury Home Prices in ‘Safe Haven’ Buying

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London’s Knightsbridge area is one of those that has attracted Greek buyers.

The U.K. has a record budget deficit, weak economic growth and may soon face a hung parliament. For wealthy Greeks, it’s a safe haven.   Greek buyers now account for 6 percent of all purchases of London properties costing more than 2 million pounds ($3 million), double the average of the past three years, as they try to protect their assets from the country’s debt crisis, London-based Knight Frank said in an e-mailed statement today.

 

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