This commentary was written before the stock market decline yesterday:
http://www.marketoracle.co.uk/Article383.html
After Greenspan's comments yesterday and the stock market "readjusting" to correct itself, and reading about the high number of adjustable rate mortgages set to redjust into the higher rates this year (with higher numbers of foreclosures, etc), I am concerned. I'm not an economist, though.
I'd like to hear what others think- do you think our economy is strong,...
Do you think there could be a second Great Depression?
http://www.marketoracle.co.uk/Article383.html
After Greenspan's comments yesterday and the stock market "readjusting" to correct itself, and reading about the high number of adjustable rate mortgages set to redjust into the higher rates this year (with higher numbers of foreclosures, etc), I am concerned. I'm not an economist, though.
I'd like to hear what others think- do you think our economy is strong,...
Do you think there could be a second Great Depression?