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Don't have enough to worry about? Feeling too happy, too secure?
What if your cell phone explodes?
Or you could read about Stephen Roach, chief economist at Morgan Stanley, predicting an "economc armageddon".
Posted by Craig on 06:11:00 AM in Web/Tech
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From the armageddon article:
>>Meanwhile, he notes that household debt is at record levels. Twenty years ago the total debt of U.S. households was equal to half the size of the economy. Today the figure is 85 percent.<<
Wow. What happens when we reach 100%?
Stephanie Herman |
November 28, 2004 at 06:13 PM
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