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Posted By: marshall barkman

The whole recession is just blown out of proportion. It is very simple there is a huge credit crunch going on. The only reason the economy was booming is because people were borrowing money hand over fist and did not have the means to pay it back. Talk to any small banker and i have and most will tell you they had no choice in giving certain loans to people. Now the bankers are worried about the insurance being to high and their is not enough of a profit margin to give the loans to warrant the insurance. The reason prices are dropping and they are even artwork is down and that has not happened since 1963 is because the borrowing power is not there, either you have liquid or you don't.