Then, he goes on to cover his ass, with this list:
Housing goes bust.I tend to think Bush's economic policies are really bad for the country. A zero savings rate cannot be good. But, it is hard to foresee an economic crack-up any time soon. Still, there will be another Hurricane season, won't there?
The dollar "crashes."
General Motors files for bankruptcy.
Oil jumps to $85 a barrel.
The "yield curve" of interest rates "inverts."