Quote:
Originally Posted by Eriic
Dude you better watch the news you are not in touch with reality at all  |
I pay pretty close attention to the news. I read several websites and watch the news throughout the day. There has been a ton of stuff about the bloodbath on wall street, but I haven't heard much of anything about people getting laid off in mass because of businesses closing. There is a lot of speculation that this could happen if things don't turn around, but it hasn't happened yet as far as I have seen. If you know of something different, I would love to see it. I don't claim to know it all, I'm just going off of what I see and hear.
Things could get very ugly. But things could be okay too. One thing that works in the favor of things getting better is the G7 summit. The US is not the only country hurting, much of the world is as well. It is in the world's best interest to fix some of the things that have gone wrong and get things back on the correct path, but there is no guarantee that it will happen or happen with any amount of speed.
I believe many economist when they say that 2009 will be a year of recession, but as long as things are done properly not depression. I guess I am curious what you think I am out of touch with?