Economy is bottoming out.

Zachstar · 02-26-09, 11:54 PM

A week ago I was reading a story that seemed to indicate that in some small towns things are SLOWLY starting to recover.

Now I am reading more and more that makes me feel confident that late 2009 will start to see some recovery.

Fear is what drove most of this crisis. People have a boatload of money saved up that they are SLOWLY starting to spend and get flowing again. As confidence rises things will pick up.

Will we go back to pre-recession levels? Hell no! That was propped up by credit. At best we will get back to just before the real nosedive started.

The best thing to do now is to buy some American products. Nothing major just a few hundred dollars here and there. One step at a time and we will dig out of this.

02-26-09, 11:54 PM	#1
Zachstar Sea Lord Join Date: Feb 2005 Location: Shreveport, Louisiana Posts: 1,956 Downloads: 13 Uploads: 0	Economy is bottoming out. A week ago I was reading a story that seemed to indicate that in some small towns things are SLOWLY starting to recover. Now I am reading more and more that makes me feel confident that late 2009 will start to see some recovery. Fear is what drove most of this crisis. People have a boatload of money saved up that they are SLOWLY starting to spend and get flowing again. As confidence rises things will pick up. Will we go back to pre-recession levels? Hell no! That was propped up by credit. At best we will get back to just before the real nosedive started. The best thing to do now is to buy some American products. Nothing major just a few hundred dollars here and there. One step at a time and we will dig out of this. __________________