Fear of housing slump may be seriously overdone

Things might not be as bad as assumed on the debt either: <a href="http://news.ycombinator.com/item?id=144294" rel="nofollow">http://news.ycombinator.com/item?id=144294</a>

The world is not in panic because of the US housing market. The world is in panic because of the falling dollar and inflation.