09-01-2007, 08:23 PM
I heard this morning on the news we may be headed for a resession.
My only thoughts was, "excuse me" but isnt a depression when property values drop? dose this mean things are going to climb out of a depressed state in to a resessed state?
the other thing I wonder is, when they talk about the economy being strong, Whose economy are they talking about? and if it was strong then why are people loosing their homes? Seems to be a lot of conflicting information floating out of the white house...
I guess I will stick to my veiw of looking out the window to see if it is raining outside or not my self...
[signature]
My only thoughts was, "excuse me" but isnt a depression when property values drop? dose this mean things are going to climb out of a depressed state in to a resessed state?
the other thing I wonder is, when they talk about the economy being strong, Whose economy are they talking about? and if it was strong then why are people loosing their homes? Seems to be a lot of conflicting information floating out of the white house...
I guess I will stick to my veiw of looking out the window to see if it is raining outside or not my self...
[signature]