Monday, November 24, 2008

So it has come down to this.

It was only a year ago that no one believed this would happen. There were a few, but the majority was in denial.

I have to admit I am starting to get really worried about the future of our Economy. It is pretty obvious that housing is taking a hit and it will continue for some time. Interests rates are up, investmensts are down, and people are holding on to their money. How long will this last??

Next year will be the tell. If things start to improve then we will be moving back up in a year, if things don't improve, in 2009, then it will continue for some time. How will all these bailouts effect the future? Are we in for massive inflation to pay for all this?


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Soot and Ashes: From Housing Panic

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