Businesses begin to close

Coming to terms with reality, Americans will find themselves increasingly
turned out into the cold streets as businesses begin to close .
With no end in sight and only gloom in the air,Soon realization of the predicament facing America will turn even the bravest Americans ash white.
not only will millions and millions of Americans be out of work. but prospects of any recovery will be long in coming and few and far between.

www.nytimes.com...

I knew this was coming when I saw American Express's earnings this past week...they are the financial driver of Small Businesses in many cases and they were beginning to see defaults. I don't suspect we will see the bad economic numbers until 2009 though...GDP is expected to have grown 2-3% this past quarter...amazing when you consider what the economy has gone through.