Will 2009 be worse than 2008 financially?

@jakeb1 (562)
United States
January 1, 2009 3:18pm CST
What do you think by this question? Many people have predicted that the economy will slow even more this year and we could head into a depression possibly. The stock market had lost 33 % of its value in 2008. Will the markets fall even more? They also say that it will only start looking better in the beginning of 2010. Is there anything that President-Elect Obama can do? What would you do in this situation?
1 response
• United States
1 Jan 09
I hope that the economy can bounce back this year but it looks like it will take more time than that and it looks like it is going to get worse before it begins to get better. This is a time to hold on to all the money that you can and try and spend carefully as no one knows what may happen and many peoples jobs are in jeopardy of being lost. I know that I am learning to be a lot more careful and am watching everything very close to make sure that me and family will be alright through it all.