economy
By tbrown1227
@tbrown1227 (221)
United States
June 5, 2009 4:44pm CST
do you think that with everything that is going on with our economy and with the bailout that the world will turn itself around, where do you see us the people at in 1, 2 and 5 years down the road. i wish and hope that it will get better i just don't see how. i was watching the Chrysler and dodge i think and they are closing down alot of car dealerships and converting them to only one, they took a bailout for over 150 billion dollars and are now filing bankruptcy. to me it seems they want to get it to where they only have one dealership so they can jack up the prices of each vehicle. with what is being spent every day how will we ever catch up. we won't it will be our grandkids and our children that it will fall on.
2 responses
@khayshenz (1384)
• United States
6 Jun 09
Well - recessions are typical, however I don't think it has ever squeezed this hard post Great Depression. Though I don't think we'll fall through and go into the Great Depression or worst.
In fact, if you've been reading the news and watching the stocks (S&P,Dow,Nasdaq), the rate of decline has slowed down. Yes, it's still declining - but the slowing down is a much needed relief. It's the proverbial light at the end of the tunnel.
The signs of a recovering economy is the slowing down of the declining rate - then a plateau - then the rise.
There is hope - there is ALWAYS hope. Just take it one day at a time.
Cheers Ms. T!
@tbrown1227 (221)
• United States
6 Jun 09
thank you i am hoping it doesn't get that bad i think in a way that it is good that things are slowing down i worry about prices.
@underdogtoo (9579)
• Philippines
6 Jun 09
There must be something to be learned from the economy. Maybe the pundits have been wrong all along. Cheers!!
