Recession

October 20, 2008 5:06pm CST
what are your thoughts on the state of recession we are in at the moment?
1 response
lynnemg
@lynnemg (4529)
• United States
20 Oct 08
I think that it has all just begun and we will go through a lot more before it is all said and done. I look for people to begin hoarding things such as food and even gasoline. I look for more jobs to be lost, more businesses to go under, more pay cuts for employees. I hope that the government bailout plan has its desired effect to stop it all from happening, but i am sure it is not over just yet.
galoforce
@galoforce (263)
•
21 Oct 08
eve ith the bailout, i don't think the problem will be rectified. though i dont know much about the bailout, i know that with the money they get the goverment buy properties for more than they are worth. as by doing so, wont this make the whole housing market go up and nobody will be able to afford to buy a house