Political Quotes

Kent Conrad: This credit crunch is real and it is having a ripple effect way beyond what we had seen in the 1982 downturn.

On the recordJanuary 7, 2009
This credit crunch is real and it is having a ripple effect way beyond what we had seen in the 1982 downturn.
Said by
Kent Conrad
Democratic · North Dakota

Editor's note · Context

Conrad highlights the severity of the current credit crunch compared to past economic downturns.

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