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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (90880)10/20/2008 3:12:26 PM
From: KyrosL  Read Replies (1) | Respond to of 541136
 
The big threat to the economy now comes from main street problems, like a prolonged fall in consumption precipitated by much tighter credit and a collapse in perceived wealth, coupled with rising long rates caused by gigantic deficits, as the economy struggles to find its footing. It may look like the early eighties or worse.