by DA BEN DAN yanggui zi on January 6th, 2008

DA BEN DAN yanggui zi

Question

Help answer this question below.

The general consensus is that the US is headed toward a large recession. What does this mean to the average person in America. Higher interest rates? Fewer jobs?

  • Like
  • Report

Answers. 5 helpful answers below.

  • by Yarnlady is happy every day on January 7th, 2008

    Yarnlady is happy every day

    People buying less stuff =
    Decrease in factory production =
    Growing unemployment =
    Slump in personal income =
    An unhealthy stock market(too many sellers, not enough buyers)

    • Like
    • Report

    2 comments | Post one | Permalink

  • by Aimshad on February 6th, 2009

    Aimshad

    It means US govt to focus more on internal affairs of their nation instead interfering in other countries affairs.

    • Like
    • Report

    1 comment | Post one | Permalink

  • by prisoner on March 10th, 2008

    prisoner

    The Central Banks are ellusively trying to eliminate the middle class. The richer will get richer, the poor will become poorer. Hopefully soon there will be a revolution in America.
    .
    The dollar is very very very weak. The dollar is now less than 2 pennies compared to what it was in the early 1900's.

    • Like
    • Report

    1 comment | Post one | Permalink

  • by Patti jo on January 7th, 2008

    Patti jo

    Both Higher rates and fewer jobs , scary to -- + 5

    • Like
    • Report

    1 comment | Post one | Permalink

  • by Lovely1 on January 7th, 2008

    Lovely1

    It means all of the above.

    • Like
    • Report

    1 comment | Post one | Permalink

Want to attach an image to your answer? Click here.

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

You're reading The general consensus is that the US is headed toward a large recession. What does this mean to the average person in America. Higher interest rates? Fewer jobs?

Follow us on Facebook!

Related Ads

ANSWERBAG BUZZ

How long to get cdl