Digital Rules

Karlgaard, Rich
September 2008
Forbes Asia;9/15/2008, Vol. 4 Issue 15, p176
The article focuses on the muddle-through economy of the U.S., and offers information on the existence of scams on Facebook, a social networking web site. It states that as the recession lingers, unemployment will creep up and more homeowners will default, and this will send house prices down a further 10% to 20%. It mentions that at the same time, at 5.7%, unemployment is nowhere near recessionary levels, and home prices have started to firm up in some cities.


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