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Monday, September 06, 2010

an economic mess

Last year we saw things falling apart and ripping at the seams. However, today the dow was up near 150 points on good economic news. The problem is that most of that news is overseas. Yeah, China is booming, but for the US a depression is looming and then some. People, we are in an economic mess. There is no more land of opportunity as america enters a tail spin. Politicians know we cannot pull out of the mire. This quick sand swallows all the stimulus money. Right now oil prices are sliding due to high unemployment and weak american consumers. However, expect it to rise next year. China is growing.