When will Wall Street woes hit Main Street? Check your credit card statement

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

Contributors:

Katherine Lanpher

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