Thoughts on the Economy

We should be back to normal by mid 2010, by my estimates.

Well I’m no economist, but I do pay attention to the world markets, I kind of saw this coming a while back but what could I do? Sit back and watch like the rest of us. I’m usually good with predictions as well, the US has been in recession wether anyone wants to admit it for the last year or so, and the EU is sliding into one right now.. with the past month, the world’s credit markets have been erratic, so as long as the countries in the G20 cooperate, things should start evening out around that time.

For now I can only hope our president-elect will be more proactive where Bush was reactive in every situation.. not saying it was only him, and it was his fault, but really it took the US’s failures to create a ripple effect in every economic sector in the world. But as its been said before, these type of things tend to happen in cycles…

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~ by redspyda on November 17, 2008.

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