Quote:
Originally Posted by SomeCreep
Smartest thing I've read on GFY in a while. You are correct. Currently, the U.S. economy as a whole, is in a "slowdown." Whether this slowdown actually becomes a "recession" remains to be seen.
|
hmm, slow down, yes. Housing is literally in a depression, prices dropping and the rest of the economy is hurting. Some people like Allan Greenspan are already saying recession, others not. Semantics aside the world is so tied together economically that no place is unaffected and that will include this industry.