Aiemond on 09 October 2008
| bigjon said: I would say if GM is healthy 6 months from now... INVEST in them. They seem to get it. The Volt will be huge, I like the direction they are heading. I do not see a depression coming. I see a major inflationary period ahead, tight credit, and higher job loss. No Depression the fundementals of the US economy are too strong, even Obama becoming president would not lead us to a depression. I having been analyizing the economic leaders, and they seem good. Most of the doom in gloom you see politicalization of the crisis for gain. Yes, it is bad, but the politicians are making it seem worse than it is. |
Tight credit. You hit the nail on the head. The dow is bad but this is worse. This is what will lead to unemployment. What leaders are strong? People won't be able to pay their workers, banks are hoarding money, and GM and Ford sure as hell won't be able to weather this if it keeps getting worse.
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