tommytwotimes

US Economy Still Has a Ways to Go

I agree with the above, but Freddie and Fannie will fall with or without help from the feds, right? I think they should let them fall too, but either way spells recession which we are already experiencing. I think a depression similar to the 30s needs to be defined by three words. Housing (homeless), jobs (jobless), and food (hunger). The housing issue is present and unemployment is growing. Threatening the food supply could be the perfect storm and there are issues becoming more volatile in that industry.