teh sigh
The economy's going to shit. This is no new news, but just thought i reaffirm what everyone was already thinking. We're all screwed. In fact, I personally think that our economy is going to be as bad, if not worse, than the state that it was at during the Great Depression. Why, you ask?
Well, our government is about to write a 700 billion dollar check to bail out the financial institutions that were the start of this whole mess. The idea is to put money in their pockets so that they can make loans again and people's faith in the financial system will be restored and all will be well. Psh, 700 billion dollars is not enough to save our economy but is more than enough to send it spiralling down into oblivion. Think about it, Leman Bros., a 600 billion dollar international investment company that had been around since the 1800's just went under...what makes you think that 700 billion will be enough to save us?
Grab some popcorn guys, this is going to be good.
Well, our government is about to write a 700 billion dollar check to bail out the financial institutions that were the start of this whole mess. The idea is to put money in their pockets so that they can make loans again and people's faith in the financial system will be restored and all will be well. Psh, 700 billion dollars is not enough to save our economy but is more than enough to send it spiralling down into oblivion. Think about it, Leman Bros., a 600 billion dollar international investment company that had been around since the 1800's just went under...what makes you think that 700 billion will be enough to save us?
Grab some popcorn guys, this is going to be good.