Comments on: Econonic Weakness Taking Markets Down Today - Dow Minus 293 points http://www.moneyaccumulator.com/156/econonic-weakness-taking-markets-down-today-dow-minus-293-points/ Debt To Wealth One Step At A Time Sat, 19 May 2012 14:02:16 +0000 http://wordpress.org/?v=2.0.7 by: DannyBly http://www.moneyaccumulator.com/156/econonic-weakness-taking-markets-down-today-dow-minus-293-points/#comment-309 Fri, 08 Feb 2008 01:08:47 +0000 http://www.moneyaccumulator.com/156/econonic-weakness-taking-markets-down-today-dow-minus-293-points/#comment-309 I think we are not out of the woods yet and the full implications of the housing crisis are not yet priced into the market. ============================== Reply from Das Brain: With recent increases in defaults on mortgages, people not being able to pay their mortgage loans, you may be correct here. Increases in people losing their homes, may contribute to lower consumer spending and hence damaging the U.S economy. I think we are not out of the woods yet and the full implications of the housing crisis are not yet priced into the market.

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Reply from Das Brain:

With recent increases in defaults on mortgages, people not being able to pay their mortgage loans, you may be correct here. Increases in people losing their homes, may contribute to lower consumer spending and hence damaging the U.S economy.

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