Soaring food and energy costs are painful, but falling home prices could mean even bigger worries. CNN May 9, 2008
Even if financial firms avoid another crisis along the lines of the near-meltdowns earlier this year of Bear Stearns and Countrywide (CFC, Fortune 500), some economists say problems in the financial sector are only beginning to be felt on Main Street.
"The real economy hasn't yet taken the hit," says Northern Trust economist Asha Bangalore.
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Finanskrisen
"The real economy hasn't yet taken the hit," says Northern Trust economist Asha Bangalore.
Read more here
Finanskrisen
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