NPR logo

Will Tough Economic Times Persist in New Year?

  • Download
  • <iframe src="https://www.npr.org/player/embed/17691822/17691796" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
Will Tough Economic Times Persist in New Year?

Economy

Will Tough Economic Times Persist in New Year?

Will Tough Economic Times Persist in New Year?

  • Download
  • <iframe src="https://www.npr.org/player/embed/17691822/17691796" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

The subprime woes and the resulting foreclosures is the biggest economic story of 2007. What are the economic ramifications of the sharp dive in the subprime mortgage markets, or the recalls for defective toys in China? And what are the prospects for 2008? New York Times columnist Joe Nocera surveys the economic landscape with Linda Wertheimer.