Economic Crisis
By mmcgee12278
@mmcgee12278 (24)
United States
September 18, 2008 11:14am CST
I was wondering what everyone thought about what is going on in the economy lately, especially the past few days. Finacial Monsters are just collapsing and the government can only save so many! Lehman Brothers and AIG are the latest casualties, but I still think the Fannie Mae and Freddie Mac bailouts are more economy threatening.
What does everyone think about this and what do you think will happen in the next few months?
1 response
@magna86 (1786)
• India
18 Sep 08
well it is the fact.. the economy is very down these days!even the standard people find it difficult to manage their financial crisis.. then think about the people who are poor!! than us.. i cannot imagine their situation! all the prices have gone up!! leave the prices, there are no fuel stocks! how would people who manage to travel to their work place, the lpg prices have also gone up., the only means of cooking. thats the basic need for the people! companys are being affected very badly..as you said!! if this state prevails then.. markets would face a deep fall!!! and i would take some months to get back to the stable state!
