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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (393138)6/21/2008 12:25:32 PM
From: tejek  Respond to of 1578303
 
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To: michael97123 who wrote (393138)6/21/2008 12:25:57 PM
From: tejek  Read Replies (1) | Respond to of 1578303
 
"Because the unemployment rate is not that high yet."

operative word is YET and i hope you are right. If you mix double foreclosures with $200 oil you get ______________.
I cant bear to write the word.


I think we are still in real danger but I am starting to see glimmers of improvement.....for an example, FLA's housing market has started to turn although very tentatively. We have another thing going for us that isn't mentioned very often........business inventories are very low. If business picks up at all, companies will have to up their orders quickly. Another positive is the steel industry........in spite of auto sales falling off a cliff, steel production remains at a very high level in this country. These conditions are not typical of most downturns. The global economy may save our asses yet.