Monday, October 22, 2007

Economic Woes

I think that the s--- is really about to hit the fan in this country. The signs are all pointing to a recession. Everything I read is grim. They are saying that not only the poor, but the middle class is beginning to feel the pinch of higher gas prices and more expensive gorceries. For more on this, see Yahoo News. Then there is the stock market. It keeps dropping too. For more on this, see Yahoo Finance.

I feel like people really need to stay abreast of what is going on economically. We live in such a global economy now, one country's financial woes (ours) is surely going to cause a stir throughout the entire world. But I really think that this is just the beginning...this country has been living on credit for so long I wondered when the bill was finally going to come due. I think the time is now.

There is a saying, a curse really: "May you live in interesting times." I believe that things are about to get really, really interesting.

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