Nov 20 2008
And The Economy, Believe It or Not, Gets Worse
The S&P has hit an 11-year low, the Dow continues to collapse, and an auto bailout, whether it happens or not, will just be a drop in the ocean in possibly fixing it all. It does not help that the nation is in a transitional period, as Bush is on his way out and Obama is coming in. The good news is that many stocks are becoming cheaper, so if you are talented on the economic poker table, you can invest in those you believe will rebound sooner or later. The bad news is that you can try it and things can get a lot worse before they get better, or the company you may take the risk with may go bankrupt. I will admit that I did not believe that the crisis would get this far. Since it has, I believe things will not get better soon. Obama will have a ton to worry about from the economy alone.
Whatever, it’s as fixable as the weather report right now. It’s like a guy named Jesus said, “Don’t worry about tomorrow. Today has it’s own troubles.”
http://waxingpoetically.today.com
http://artfromtheoutskirts.today.com
Ya you do make a good point that stocks and houses are cheap right now….Too bad it was the rich that dumped em anyways and then are just gonna buy em cheap and make more money….The rich just keep getting richer while I just puke on myself….