Thread: Weird market.
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Old 08-20-2007, 11:22 AM   #2 (permalink)
Walking_Target
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Join Date: Mar 2006
Location: ON, Canada

it all depends on the US economic situation.

in this case, the US is again heading towards recession, the national debt is at an all time high, (something in the area of 14% of the national GDP) or the equivalent to $28 000 US dollars for every man, woman and child in the united states; combine that with a weak market position, and devaluing of the currency, and the US is in some serious trouble.

It also has to be understood that the constant importations of goods from china and other producing countries, for which many businesses cannot really afford, is having a huge impact; and none of this is to mention the billions of dollars that has been wasted on an unjust war in Iraq and Afghanastan
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