There will be large ripple effects from the real estate/mortgage downturn. The company I worked for in the late 90’s went belly up because of the dotcom bust. We had nothing to do with dotcoms. We made commercial UPS’s and STS’s (big fancy electrical switches). When the dotcoms failed they stopped buying equipment so did many of the banks and investment companies that were expanding because of the dotcom bubble. We saw our biz drop 80% in a year and the company eventually went under. Ripple effect in action!
