From the forecast on subprime meltdown dated Dec. 15, 2006 as the mortgage crisis impacted Europe (Perfect Storm Over Europe Sept. 28, 2007), the mortgage crisis snowballed into the Great Recession of 2008. This is the forecast made on Dec. 15, 2007 as posted on the World Association of International Studies (WAIS) US: Greenspan Says … Continue reading The Great Recession – Forecast Dec. 15, 2007