-Alan Greenspan said that the economy is the worst he's seen it since World War II. The CEO of Lehman Bros. said it it's the worst in 40 years.
-Banks do not trust consumers and consumers do not trust banks.
-By definition a recession is two or more consecutive quarters of decline in GDP.
-In the year following talks of a recession you will often see a lot of growth.
-Over 40% of Americans think they are worse off today.
-The Fed cutting interest rates may result in inflation in the future.
-The cheap dollar has fueled exports to other countries and an increase in jobs.
-The economy issue will likely still exist in the November elections.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment