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When will Wall Street woes hit Main Street? Check your credit card statement
By Katherine Lanpher
Friday, September 19 2008
As of Friday morning, global stock markets had been staging major rallies after news of a possible government plan to rescue banks from bad mortgage debt. But there have been troubles on Wall Street all week. And everyone wants to know when the troubles will hit Main Street. New York Times economics writer Louis Uchitelle has a suggestion: Look at your credit card statement.
Guest: Louis Uchitelle, Economics writer for the New York Times
Audio For September 19, 2008
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The show is a co-production of WNYC Radio and Public Radio International,
in collaboration with The BBC World Service, New York Times Radio and WGBH Boston.
