posted on Oct, 7 2008 @ 10:57 PM
how bad is the economy really? being born in the 80's i dont remember many of the bad times from then. so my question is, how does the economy today
compare to the black monday timeframe or other recent recessions that i was still too young to remember? is it really the worst since the great
Or, how is the economy right now effecting you? are you seeing harder times right now? are your credit limits being reduced? is it impossible for you
to buy a car? a house? I have yet to meet anyone effected by this so far (main problem most people i talk to are gas prices which are finally going
down). since i dont see it happening around me, i wonder if much of what is going on is a panic being caused by the media saying how bad everything is
and is going to get. obviously that is not the case since the world economy is struggling. I also live in texas which i hear has not been effected by
the economy as bad as many other areas in the USA, which would probably give me a skewed point of view.