Re: Still No Evidence
First off, categorizing something as "not that bad" is completely subjective. To go back to your analogy, 2000 dollars overdrawn may be "not that bad" to you, but to another individual could very well be near catastrophic. Its not something that is easily quantifiable. Basically it boils down to a couple questions in my mind. One, is the American economy robust enough to handle the swings. Two, if it comes down to it, will the US be able to tighten the purse strings if necessary. The second question is the one that is had to predict. We'd like to think the answer is yes but there is no way to say for sure.
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