Friday, November 14, 2008

How Bad Will Economy Get

How Bad Will Economy GetThe Economy: How Bad Will Things Get?
It's time to get our heads out from under the covers and face our worst fears. The financial crisis is worldwide, and the U.S. is actually better off than most countries. Iceland is bankrupt, and others (including Russia) are teetering. What happens when a crisis turns into a complete collapse? Keep in mind that the worst possible outcomes are short-term. We'll take a look at those and then look at the reality of the long-term.