Economists are predicting that we're going to have another financial collapse, worse than the one we're wading through the aftereffects of.
I'm not surprised. The government, through it's "community organization groups" like the re-named ACORN, are forcing banks to continue the sub-prime loans to those who can't or won't repay the loans, just because they're minorities and not making the loans is racist.
Also contributing is the rational fear of a socialist government trying to control the economy by making consumers more dependent on government aid through financial carrots and sticks, regardless of the government's ability to pay.
7 hours ago