View Single Post
Nathans_Dad Nathans_Dad is offline
Registered
 
Join Date: Oct 2004
Posts: 7,793
Garage
With all due respect to the OP, I'm not sure I would call the current situation a financial crisis. Unemployment has ticked up a bit but still is much less than 10% (compared to 25% during the Great Depression). The real estate market in some areas has experienced a correction from an unsustainable bubble. Many financial companies who tried to make a quick buck off that bubble are now paying the price.

Most Americans can still easily put food on their table and a roof over their head. Once those two things become difficult to do, THEN we have a financial crisis.
__________________
Rick

1984 911 coupe
Old 09-21-2008, 09:31 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #27 (permalink)