Jack Vettriano BluebirdJack Vettriano Back Where You Belong
Jack Vettriano The Letter
They are all right and they are all wrong. You cannot explain the overall economy with a single solution. We have a complex mix with new ingredients coming to our awareness each day.
To get a better look at this elephant you must stand back not only in distance but in time as well. Ask this question: Where is may be over.
However, when I look at this elephant it still looks like the same elephant. The basic portions of the economy are still slow and slowing. Unemployment is rising. The banks are not loaning money even though they have it. Venture capitalists are not putting money in new companies. Manufacturing capacity has not come back. We have weaker housing because of higher interest rates and the consumer the country now economically in comparison to September 10 before the terrorist attack? At that time the stock market was going down and we were in a recession. Then the market crashed and the recession was officially declared. The stock market has climbed back up to where it was September 10 and the economists are telling us that the recession
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment