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Old 08-27-2007, 12:00 AM
ThaSaltCracka ThaSaltCracka is offline
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Join Date: Sep 2003
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Default Re: How will the subprime crisis ultimately affect our country?

Adios, thanks for the post.

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IMO a slowdown in the housing industry will have an impact on the economy. How much remains to be seen but I'm fairly certain will see a recession in the near distant future. I hope I'm wrong about that.

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This does appear to be the main concern. As I mentioned in my previous post, I am concerned about increased supply of houses and the decrease in prices. This could have a myriad of effects on our economy and society.
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