“Amid continued upheaval among America's biggest financial firms, a former head of the U.S. Federal Reserve says even more institutions could face insolvency, and that the United States appears unlikely to avoid an economic recession.”
Former US Fed Chief Somber on Economic Prospects
VOA News author Michael Bowman
http://voanews.com/english/2008-09-14-voa17.cfm
This article is just a sampling of the economy today, however I believe the average consumer still cannot grasp what the situation really is or how it might affect them.My life is centered around the market and following the U.S. economy in relation to other economies.I find it fascinating to look at the economic figures and then drive down the street next to a hummer passing billboards and new construction projects. I took a series of photographs exploring images people pass every day and took it in contrast to the news in the article above.
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