Posted by RayP(MI) on January 15, 2008 at 02:42:40 from (207.241.137.115):
In Reply to: economy posted by 756puller on January 14, 2008 at 17:26:17:
According to the pundents, the country is doing fine, employment is good -etc. There are a number of indications that have me scared however: instability in the housing market, high prices for commodities due to pressure for bio fuels, oil prices thru the roof, China's competition, scrap metal prices... There are a whole lot of instability factors. This house of cards is shaky at best.
Then there's Michigan. A one state recession, digging ever deeper. We may never see good times here in my lifetime!
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