Samuelson's Point

Samuelsons main point is that he really believes that the economy is going down. He says it kind of feels like it is going to be the year when the stock market fell. He is also saying that the economy is going down is because of all the loaning of money, the borrowing and not paying back or like basically money we use as loans for like cars and furniture and all that stuff. Samuelson is also pointing out to the readers how much money was lost and in how much amount of time.
I believe that what Samuelson is thinking or believing right now is kind of true in a way. He says that some people may not realize it but the economy is not going so well right now. I believe that because of the way the economy is going right now with all the money problems in the background that the present day today is going to be the year 1929 all of a sudden.
In Samuelsons article you could kind of tell what you think his believes are because of the way it is written. He writes about how many bear markets we have had. How much money we have lost from something. He also wrote about how the economy went down by 15 percent from things like employment, bankruptcies and foreclosure, etc.