Mark Zandi Quotes
The potential for even higher energy prices is a risk to the economic outlook. The economy has digested the higher prices gracefully so far. But it can get a bit of indigestion if prices move higher. 
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Potential | Higher | Energy | Prices | Risk |
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[Economists say that as housing markets begin to cool, bankruptcies are likely to increase.] At some point you will get a combination of falling values combined with rising payments on adjustable mortgages, which will result in more bankruptcy... For these areas of the country that are enjoying such wonderful conditions right now, it will become much less wonderful a few years down the road.
- Mark Zandi
It's similar to asking a big part of the labor force to leave. In today's economy where the job market is at capacity, asking people to leave means the economy will not grow as fast. In fact, there could be a very difficult adjustment over the first three to four years when this process is in full swing.
- Mark Zandi