This is an evenhanded, modestly pessimistic assessment of the economic predicament we are in. The analysis covers the major factors, quoting several experts, but ignores credit defaults and derivatives. It pins the problem to a lack of confidence lenders feel, and notes that some economists believe it is temporary, and the $700 billion will have an effect after awhile, although current transactions they examine show no such effect, and most experts are skeptical, unless more billions are injected into the failing system. There should be exploration of some ideas laid out, such as where and how home values will stabilize, and how many billions might it take (if even possible) to restore confidence.

It is good, but it could be better. It was slightly hard to understand.