Has the Economy Hit Bottom Yet?

There is an interesting article in the NYT Week in Review (and not just cause I get a few words in).

BTW, what got left out of the article was our discussion of various ratios, and the issue with inventory (there’s too much) and affordability (debt servicing, down payments).

The charts are particularly telling:

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Source:
Has the Economy Hit Bottom Yet?
VIKAS BAJAJ
NYT, March 14, 2009
http://www.nytimes.com/2009/03/15/weekinreview/15vikas.html

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