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**sDePrx59** · 10-09-2008, 06:54 PM

Im more interested in what will happen in the city.

Economic downturn - will it mean more crime?

I think we are just starting to see the beginning.

Too many people have been using high house values as cash machines, spurred on by realtors and financiers who all made a buck out of it. They owe money, the banks cant recover it, and consumer spending is going to plummet.

80% of the economy is consumer spending.

10-09-2008, 06:54 PM	#14
sDePrx59 Join Date Oct 2005 Posts 442 Senior Member	Im more interested in what will happen in the city. Economic downturn - will it mean more crime? I think we are just starting to see the beginning. Too many people have been using high house values as cash machines, spurred on by realtors and financiers who all made a buck out of it. They owe money, the banks cant recover it, and consumer spending is going to plummet. 80% of the economy is consumer spending.
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