A Recession Election

It looks more and more like one:

By the end of the primaries and heading into the summer, we could be looking at the collapse of the real estate market, which will have an impact upon homebuilders and suppliers, like Home Depot and Lowe’s ... Whoever gets the nomination is going to be staring at a recession and a financial market running scared with safety and soundness issues. Citibank and J.P. Morgan could be facing insolvency, and Fannie Mae and Freddie Mac as well.

Gulp. So what about this?