Quote:
Originally Posted by MikeyC
I hate to sound merely like an echo, but like a lot of others I'm concerned. I've only been on this earth a little over three decades so this next statement doesn't mean too much but this is by far the worst economic crisis of my lifetime. I have faith that things will turn around eventually. My main concerns are . . .
1. How much longer until it turns around?
2. How BAD will things be when we find the bottom?
|
I think Cliff, Sivillekid, has it about right. Read his post. It's housing market driven and we've got to work our way through all the back log of bad loans, over inflated prices bubble. How bad it will get, who knows. We've all eaten a steady diet of Raman before and pray that a major health or job loss emergency hits.