Until then, employment, output, and housing prices will keep falling.
The next bailout could focus on homeowners headed for default.
Used-car dealers, small manufacturers feel credit squeeze as states and cities postpone projects.
Trouble at Fannie Mae and Freddie Mac could have broad impact.
The crisis of confidence surrounding the home-loan giants is raising mortgage rates and could delay a housing recovery.
Companies that treat employees with respect and fairness are more productive and grow faster, observers say.
Risks rise if the Federal Reserve and Treasury move too slow – or too fast.
As troubles in the US housing market ripple across the global economy, the health of banks has become one of the biggest financial uncertainties for 2008.
Down 3.3 percent in the past year, median US home values are still 7.6 percent above 2004 levels.