Meadbh
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jul 22, 2006
- Messages
- 11,401
If you are already retired this must be really difficult and I truly sympathize. In all honesty I genuinely don't believe that there will be a Depression. One of the major contributing factors to the 1930s Depression was the fact that the US government clamped down on spending in pursuit of a balanced budget. This time, the G20 and APEC will be stimulating their economies BBC NEWS | Americas | Apec upbeat over global downturn . And rest assured that while George Bush couldn't say anything of substance at those meetings, Barack Obama and his team are planning to implement the economic stimulus plan immediately after assuming office. http://www.bloomberg.com/apps/news?pid=20601103&sid=afJphVfI1_0s&refer=us What a great opportunity to replenish infrastructure and build green technologies! Hey, even if there is another Depression, there is hope for the markets for those who have a strong stomach and reinvest dividends: globeandmail.com: Globe Investor Magazine.
So hang in there guys....we will get through this.
So hang in there guys....we will get through this.