Depression Citations > 'Investment'
'Investment' Oriented Website
Economic Scene - Lesson From a Crisis - When Trust Vanishes, Worry - NYTimes.com
Citation added: October 2nd, 2008, 8:06 pm
The crucial point is that a modern economy can’t function when people can’t easily get credit. It takes a while for this to become obvious, since most companies and households don’t take out big new loans every day. But it will eventually become obvious, and painfully so. Already, a lack of car loans has caused vehicle sales to fall further.
Additional Source Details
economy | finance | investment | meltdown | depression | history
Website Screenshots by Custom Shots
Depression Citations
The "Depression Citations" area of Footnotez is authored by 5 unique contributors. "Depression Citations" is also available as a RSS feed for syndication.
del.icio.us
digg
Squidoo
Technorati
Yahoo My Web