[lbo-talk] dumb question about the coming hard times...

[James Straub]

For the econ people-
would it be reasonable to assume that the people who will have a hard  
time under these conditions, will be people who, for one reason or  
another, need to borrow money?  This occurs to me to ask because,  
well, I've never had a bank loan and don't have plans to in the near  
future.  So will I be relatively un-impacted?  Or, on the other hand,  
will the unavailability of credit and recession push unemployment up  
thus still impacting us fringe lumpen types who still don't even have  
a credit card?