| Looking back over the last 50 years, housing | | | | may be running out of steam when you consider the |
| downturns have usually signaled pending recessions. | | | | low savings rates, high level of debt, home |
| Now with the first employment drop in 4 years, | | | | foreclosures and consumption of home-equity |
| stock market fluctuations and the credit crunch many | | | | coupled with stagnant home prices. |
| wonder if we may be headed that direction again. | | | | Tips for Financially Challenged Individuals |
| Wall Street bulls, or those who have a positive | | | | Those in financial difficulty are more susceptible to |
| outlook, hope that strong global economies will keep | | | | the affects of a recession, because they probably |
| things on an upward track. | | | | don't have adequate savings or the ability to borrow |
| To a great extent, our economy rests on the | | | | more without risking financial disaster. |
| shoulders of the strength of the American consumer. | | | | Negative financial circumstances can come at any |
| If we are able to continue spending, many | | | | time such as a major car repair or large health bill that |
| corporations may report positive results, which will | | | | isn't completely covered by insurance. |
| buffer negative downturns. However, the consumer | | | | |