The American public’s perception of subprime mortgage debacle.
CNNMONEY
Survey finds that 46 percent of respondents believe the U.S. economy is in recession, while 51 percent disagree with the statement.
October 18 2007: 11:02 AM EDT
WASHINGTON (CNN) — Nearly half of Americans feel the U.S. economy is in a recession, marked by a significant decline in economic activity, according to a survey released Thursday.
http://money.cnn.com/2007/10/18/news/economy/recession/index.htm?postversion=2007101811
Interesting pick Faisal, since general public lacks the understanding of the real issue, they tend to sway towards the high speculations. Often quite pessimistic.
Totally makes sense.
Thanks Faisal. Nice contribution.