The US housing market and domino economics

Domino economics is the simplest of all concepts: when one domino falls an adjacent domino will subsequently fall and so on and so forth. One domino on its way down is the US housing market - but what will fall next?

Domino economics is the simplest of all concepts, when one domino falls an adjacent domino will subsequently fall and so on and so forth!

More than usual, this issue of the Onassis newsletter has, amongst its various sections, illustrated quite clearly the economics of the falling domino; one of which is unquestionably the US housing market. To believe that domino can fall only half way and remain propped up by its neighbour, is expecting the impossible.

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