The housing crisis, as it is called, has a real hidden benefit for the economy over the next couple of years.  Housing prices were to high, and needed to come down.  This has wiped out some paper equity of course on the down side, but on the upside, more people are going to be able to afford a house. When they move out of mom and dads house, or the apartment, they trigger a whole serious of economically stimulating events.  The new homeowners need to buy lawn mowers, stoves, washer and dryer, paint to spruce up, and furniture.   These  purchases related to home ownership quickly trickle through the economy, and the flywheel is set in motion.

I've moved the economic depression (and activity indicator) to a small business resource site.
I occasionally contribute to this site and have a few articles some of you business types may enjoy.

1. How to become a CEO
2. Micromanagement
3. A 30 minute business education
4. Small business ideas