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years that like your stock market, your 401k that will plummet401(l . w in fact, they are already going down as we speak. this will not only impact the housing market but also america's financial institutions. we're headedssas straight for a recession even as inflation continues to climb. now this week we also learned that the producer price index this measures wholesale prices that businesses and then you pay more on top of it. it's up a whopping ten point eight percent if you watch this program, you know the driver of these costs is record high gas prices and diesel prices. joe biden could work to bringgh those prices down right now and don't take my word for it. let's listen to kevin o'leary, cnbc. >> take a look at the economy, the market, they're not it's nott going to be able to recover unless we see some relief and relief that we can believe is a long term solution for oil. here's how you fix that problem. it was a policy this policy w d

U-s- , Inflation , Fact , Stock-market , Housing-market , Institutions , Recession , L-w , 401k , Prices , Producer-price-index , Businesses

Detailed text transcripts for TV channel - FOXNEWS - 20110411:00:25:00

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