Economy

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Postby skanks » Thu Apr 21, 2005 3:22 pm

Lately markets have taken a slide, ostensibly responding to high oil prices, a pickup in inflation, and growing budget and trade deficits. In order to thwart inflation Greenspan may have to raise interest rates and this would likely stall what little economic growth USA currently has.
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Postby quantus » Thu Apr 21, 2005 9:12 pm

I think the time is becoming ripe to invest everything in Canada, Europe, China and India.
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Postby quantus » Thu Apr 21, 2005 10:55 pm

Things could be worse... We could be living in Norway
a large pizza delivered from Oslo's most popular pizza joint - will run from $34 to $48, including delivery fee and a 25 percent value added tax
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Postby skanks » Thu Apr 21, 2005 11:23 pm

ok, so today the economy forcefully rebounded.

http://nytimes.com/2005/04/21/business/ ... ox.html?hp

we'll see how long it lasts.
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