I found this interesting. In the embedded video, Meredith Whitney says that a double dip in housing is a certainty.
Given the catalyst of the last dip was related to housing, wouldn't this be the same a second time around, presenting us with an economic double dip?
Or, have Fannie and Freddie gobbled up enough mortgages to get them off of corporate books, which might help shield the wider economy from a double dip?
In either case, when pressed by CNBC, Whitney would only commit to saying that there was a chance greater than 1% that we'd see an economic double dip.
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