Every boom is lead by the consumer and every boom comes to an end. Using your model we would go back to a subsistance economy and 4/5ths of the people would only be able to buy the essentials. As far as the housing and general real estate bust -- people gambled and the last ones in lost big time. Any upturn will only come when peoples confidence in their future prospects improves -- consumer confidence is all any economy really is. There would be no mortgages given if the Bank required people to prove that they would be employed for the life of the loan at a given salary.
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Today's Featured Article - Ford Part Number Trivia - by Forum Participants. "Replaced by" means the part was superseded. All of my part books date back to 1964 and New Holland have changed some part numbers. They usually put the old Ford part number on the package. I was suppressed when I looked up the part number of the auxiliary drive shaft because for some reason the part number went through a radical change and it lost its "Basic Part Number". Ford part numbers follow the following rules. Most part numbers are in three parts. The middle part is called the
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