World Recession

November 17th, 2008 by Young

World Recession!

Today Japan joins the 15-nation euro-zone as technically being in a recession. By having two straight quarters of a declining economy your considered in a recession. Japan’s last recession was in 2001 when their interest rate was set to zero percent. And that was just enough to get them out of that recession. I wonder what they will do this time to get out of a recession. Because they’re not alone, it will take a world effort to get out of this jam. If you didn’t know, Japan as the world’s second-largest economy, and could be facing more major problems ahead. It’s only a matter of time when the United States joins the ranks of the rest of the world to be considered in a recession. This would just add another bad thing to Bush’s list of bad choices. After all, he’s our leader and his people working for him should have seen this coming. Giving these financial companies a ton of freedom as ruined the world economy. And therefor no more money should be handed out, let them all fold. And only then will we be able to start over.

China's Stimulus Package

November 10th, 2008 by Young

China’s Stimulus Package!

Today China released their huge $586 billion stimulus package. This will differently help ease some pressure on the global economy. The only thing is we need more countries to get inline and start releasing their stimulus packages. With the United States and now China’s stimulus packages this will force others to follow. If others don’t follow, it will be a great waist of money for the United States and China. This financially problem we’re all in is a global problem. So I sure hope things start happening with other countries very soon, before we fall deeper in the hole.

Wall Street And Politics

November 2nd, 2008 by Young

Wall Street And Politics!

I was just reading an article on Yahoo about does it matter who the next President of the United States will be. And for the most part in this article it states that it really doesn’t matter. If you really think about it, how far can the stock market really go down? With everything the Fed is doing right now the chances are we will see a recovery in 2009. Although Wall Street does likes Republican leaders, Demarcates feel stocks do better when they’re in office. Whoever becomes our next President I sure they will get all the credit for the turn around in Wall Street. After all, isn’t that what the President does, takes credit for everything good and passes the blame to others when things go bad.

Politics

October 31st, 2008 by Young

Politics!

With only a few days left it’s still really anyone’s game for President of the United States. I do know and read a lot of polls that is giving the White House to Obama. But these are polls, and people never tell the truth when doing a poll. I’ve seen a few polls with Obama with an 8-point lead. And then in another Obama is head only by 3 points. My wife told me she seen a poll that showed McCain leading. Here’s one of the things polling companies don’t tell you. There’s always the high chance that some will say whom there voting for but never make it to the voting booth. The way I feel is, who ever gets in the White House they better make this country a much better place to live, that’s all I want.

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