When will Wall Street woes hit Main Street? Check your credit card statement

The World

As of Friday morning, global stock markets had been staging major rallies after news of a possible government plan to rescue banks from bad mortgage debt. But there have been troubles on Wall Street all week. And everyone wants to know when the troubles will hit Main Street. New York Times economics writer Louis Uchitelle has a suggestion: Look at your credit card statement. Guest: Louis Uchitelle, Economics writer for the New York Times

Will you support The World with a monthly donation?

There is no paywall on the story you just read because a community of dedicated listeners and readers have contributed to keep the global news you rely on free and accessible for all. Will you join the 226 donors who have supported The World so far? From now until Dec. 31, your gift will help us unlock a $67,000 match. Donate today to double your impact!