AP
Group: Bad Credit Threatening US Economy
Saturday , 2007-08-25 12:16 ET
By Dan Seymour, AP Business Writer
Bad Credit Tops Terrorism as Biggest Immediate Risk to Economy, Group Reports
NEW YORK (AP) -- Bad credit has supplanted terrorism as the gravest immediate risk threatening the economy, a key national research group reported Monday.
Borrowers' withering ability to pay their bills and the subsequent fallout in the credit markets this summer topped the list of short-term risks on peoples' minds, according to a survey of 258 members conducted by the National Association of Business Economics.
See link for rest of article:
http://biz.yahoo.com/ap/070825/nabe_bad ... .html?.v=2


