Political Cartoons

The Goverment debt isn't the problem here though...which doesn't mean it won't have an effect eventually. It's personal mortgage defaulters. Mind you, that will have a knock-on effect with credit card bankruptcies etc and will lead to more bad debt. NY closed after rallying, but world markets are still down and dropping in cases. My guess is we'll lose at least 10% off the Stock Market, but hopefully not more than 20%. Wall Street may yet find a smaller margin of correction. I hope so.