re: to see declining consumer confidence
And that in turn leads to less consumer spending, which in turn leads to more down numbers which in turn lead to declining consumer confidence numbers.
OK class, here’s your assignment. Can you spot the pattern here? If so, do you think it’s a good pattern or very worrisome pattern.
Extra credit: Tell us how the recession can end with several hundred thousand jobs a week being lost, the deficit rocketing to new highs and the printing presses working full time to print money that is backed by nothing.