The credit crunch has finally shown up on the U.S. economy's bottom line--a drop-off in consumer spending led to a contraction in gross-domestic product for the third quarter.
FORBES: Magazine Article
Because their economy was in a tailspin and economic contraction almost always affects people at the top more than people at the bottom.
FORBES: 'Systemic Risk' Is Not Event Driven, It Is Character Driven
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