Detailed text transcripts for TV channel - FOXNEWS - 20100824:17:10:00
If the foreclosures that are going on in this country continue to mount and depress home prices further, that could affect the economy even more, and foreclosures right now are running about ten times higher than before the housing bust. we have terrible existing home sales, foreclosures skyrocketing, and that does what to the greater economy. >> reporter: that drags the overall economy down, basically. we are now talking about double-dip recession. that is how big an impact the housing numbers have on the overall economy. double-dip recession is back on the table. megyn: i've got to go, quick...