WEEK EIGHT: ARTICLE "THE DOMINO EFFECT"

Hi class, please answer the questions below from the attached article. Many of you already have the news article. We will have a discussion in class next week, 11/4.
Pro. Westry

1.How is the "domino effect" affecting the globl economy?
2. What caused the U.S. housing crisis?
3. Why is the cut in consumer spending a serious pr0blem?
4. How is less spending affecting local and state governments?
5.What trend does expert Brian Sack predict for the economy?
6.What have the world's key central banks done to stop the crash.