EXPORTS will save the economy???
Over the past five months since the credit crunch intensified, real exports have plunged at a 49% annual rate
Remember that argument?????
Exports DOWN 50%.
New Home Sales DOWN 75%.
Autos DOWN 50%
February Income Tax Recepits DOWN 64%.
A DEPRESSION is a 10% decline in GDP. Pretty soon Alstry's projection for 30% unemployment may look conservative.
I know...none of this was foreseeable.
Hopefully you have prepared....