I think it’s already hitting, drive around and look at all the empty buildings.
Anyone who thinks we are anywhere near out of this mess is dillusional.... The fact is if the fed/government had just let things run their coarse we’d be comign out late this year, early next, instead of letting those who failed crash opening up opportunities for new players, they have propped up the failures and ensured the pain will drag on and on.. We have a long way to go before the mess they are creating is anywhere near to being over.