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Fragile economy improves but not out of danger yet

Shared by Niicss on Fri Jun 27, 2008 6:42 am

The economy has improved in second quarter of this year to some extent because of the extra cash from the tax rebate but it is still not out of the woods yet. But some analysts think that the economy can get another hit in the last quarter of the year. Many analysts' even thinks that the housing prices need to stop falling or even it should be increasing again for ailing the housing market. They think the rate may go up in the third quarter of this year and other think that the rate will not go up until the next year. But either way the rate will go up, not down.

Source: http://biz.yahoo.com/ap/080626/economy.html?.v=28
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Community Members Opinion
Mini Profile  larry

Joined: 27 Jun 2007


Posts: 3328


473.40 Dollars($)

PostPosted: Thu Jul 03, 2008 5:23 am    Post subject:

Hi Niicss.

It is true that the economy is not still out of danger But I think what we all need is a positive attitude. All is not gloomy as George has said in one of his posts. If we can learn from our mistakes we will be going to improve. Not only the Government but we all needs to come forward and another thing is we need to be a bit more cautious before taking any decision and needs to be more responsible.

Best of luck,
Larry
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