Recession 2008: How bad it can get?

The sputtering U.S. economy has gotten everyone from the financial markets to the Federal Reserve to Congress in a panic.

But here's a disheartening message for those already worried about economic growth -- it could get much worse. Most economists who believe a recession is already here or at least near are looking for a relatively short and mild downturn, perhaps lasting only two or three quarters.

But many of those same economists say they also can...

more...http://money.cnn.com/2008/01/23/news/economy/how_bad/index.htm?postversion=2008012405