[Corriewf]

Originally Posted by Wayne Luke

100,000 layoff announcements in the last week, including Ford and GM. Major Retailers being sold off. Interest Rates raising. Uncontrollable fuel costs. Durable Goods sales down. Single Family Home Sales dropping. Of course, inflation is the same as far as the government is concerned but prices continue to rise.

All these do not lead to a good economy.

I agree..... :ermm:

The layoffs do not scare me. The American motor companies is a given from poor business pratices. Interests rates raising is a good sign actually. They are the first to lower when the economy is tanking. The stock market is doing great ( although I recently lost A LOT in my shares). The ratio of inflation to the dollars strength internationally along with average income increases is what concerns me the most.

Inflation is the main reason minimum wage hasnt been increased in 8 years or so.

Originally Posted by Wayne Luke

They made it into a movie... two actually.

Scary isnt it? :ermm: