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Economy

On the campaign trail, the candidates are hearing from ordinary Americans
who no longer question whether we are in a recession. The questions many ask, is how deep will it go and how long will it last?

If the subprime mortgage meltdown is half as bad as predicted, low US interest rates will be required in order to contain the crisis. But if the dollar’s plight is half as bad as predicted, high US interest rates will be required if foreigners are to continue to hold dollars and to finance US budget and trade deficits.

Which will Washington sacrifice, the domestic financial system and over-extended homeowners or its ability to finance deficits? What will our next president do? What do you think should be done? Enter this forum to express your views..  Register now its free!