How will the Economy do in 2007?

United States
December 28, 2006 8:52am CST
It's that time of year that economists make predictions about the next year. Some are predicting that the USA will slow down and that this will also slow the EU, China and India. Some are predicting that everything will be fine in 2007. I reckon that ordinary people have as much chance of getting these predictions right as the economists, especially as we all live in the real world, and can see signs of the economy changing before the official statistis are out. So what do people on MyLot think? Based on your actual experience in your part of the world, are things going well or badly? And do you conclude that the economy in your country will do well or badly in 2007?
1 response
@sunita64 (6470)
• India
29 Dec 06
2006 saw a steep increase in business and economy and after every steep comes a smooth curve, so i feel it might take a straight road at the same level.
• United States
29 Dec 06
You are right. Adter a steep increase in business, it often tails off or stops.