Hamish McRae: Americans are in for tough times, even if the Fed won't (yet) say it (Independent)

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Hamish McRae: Americans are in for tough times, even if the Fed won't (yet) say it (Independent)

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Hamish McRae: Americans are in for tough times, even if the Fed won't (yet) say it (Independent)

by NewsReader 08-30-2006

Even the shortest visits to the US tell you things about the economy that you would not get from the figures. While this university town might seem to be sailing comfortably along, it is only an hour from Detroit, home of the US auto industry.

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