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Interesting to hear Economists suggesting

February 7 2009 at 9:13 PM
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  (Login ChristopherBlackwell)
Religious Reffugee


Response to Business cycles, including Kondratieff waves

 

QUITTNER,

Interesting to hear Economists suggesting that we might have
no real recovery until 2012 at the earliest. So this may be one
for the record books. No sign of credit loosening up, no sign of
the housing market stabilizing and some states have as much as
10% unemployment and several have 7 to 8, to 9% unemployment
and still climbing.

Not to mention the number of states that are nearing bankruptcy.
For that matter our federal government would be considered
bankrupt if we were a third world country. China is making noises
about not buying any more of our government bonds.

So it becomes a matter of what is a good plan to keep oneself
afloat until this economy begins to turn around.

Blessed Be,

Christopher

Wisdom is what is left after you have done all the dumb stuff.

 
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