ANSWERS: 11
  • It's to early to tell, but there is always hope, Obama seem's to be selling that commodity pretty good right now, so anything is possible.
  • Yes it always does, but it might take a while.
  • Of course it will. Have faith. Capitalistic economy goes in cycles.
  • It always does eventually.
  • of course, its all part of the cycle.
  • Of course it will but it will take at least a couple of years things rise and fall every economy has its highs and lows.
  • Not if the government gives out more bailout money.Now they call it a stimulus package because the last bailout left a bad taste in everyone's mouth.It is still a bailout.This will make the economy worse and stimulates nothing or no one.
  • Of course it will, just like it always does. Read this list, maybe you won't be so worried. http://en.wikipedia.org/wiki/List_of_recessions
  • Not this time. It will get worse to advance the New World Order for total slavery of societies. My 2 cents. http://www.threeworldwars.com/world-war-3/ww3.htm
  • The economy, like so many other things, is cyclic. Our current debacle is made worse because the idiots who took advantage of the last big upswing in the economy (banking institutions) instituted a new idea in order to make more money themselves. This was called "sub-prime lending", a process whereby a bank could loan more money to an individual than he would normally qualify for. This meant that he could borrow more money and therefore buy a more expensive house. Which would have been OK, except the housing market immediately responded by raising the prices of houses since people could now get more money for them. However, since banking institutions were loaning more money at lower rates, in order to make money off of these loans, people had to make their regularly schedule payments over several decades (typically 30 years for a housing mortgage). If someone attempted to pay the loan off early (like extra payments on the principle), then the loan would default to a much higher interest payment. Or, the lower interest rates were only good for a few years, after which they went up. The sub-prime debacle works great...as long as the economy is ALWAYS booming. The problem is that NO ECONOMIC CYCLE EVER SUPPORTS DECADES OF CONTINUAL BOOMING ECONOMY! Housing loans last about 30 years. Economic cycles only last a few years either way at best. So the *ssholes who came up with this whole sub-prime lending cr*p KNEW the economy wouldn't support it in the long run. And here we are now, with almost a TRILLION DOLLAR buyout/economic boost bill being footed by Uncle Sam over greedy corporate/private business fiasco's that FAILED. Will the economy get better? Yes. Will people get smarter about it? Not likely.
  • For as long as I have been alive it has gone up and down...hopefully this 'down' will follow suit.

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