European Credit Crisis Analysis by Dr. Peter Linneman

The same mechanisms that led to the financial crisis in the United States were operating in Europe, resulting in the same issues–instability in the financial system, a crisis of confidence, zero or negative growth and a fall-off in real estate fundamentals. NAI Global Chief Economist Dr. Peter Linneman analyzes the current impact and long-term ramifications of the European Credit Crisis. Read the article here:

http://www.naiglobal.com/docs/Dec08_European_Credit_Crisis.pdf