Another Optimistic Outlook

from the the-stock-market-backlash-backlash dept

So, yesterday Forbes has an article saying "things aren't that bad" and "things will get better", and it didn't take Fortune long to come out with their own "things are looking up" article. To be honest, when everyone starts saying things like that I have to wonder if we're all just rationalizing. However, the arguments they make, for the most part, do ring true. I believe that people have over reacted to the market downturn... but perception can often become reality. Hopefully, some of these articles will turn the perception into a more optimistic future.
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  • identicon
    Mr Black, 4 Dec 2000 @ 3:29am

    Wrong!

    No, it will get worse, particularly in the US. The way the US economy is working at the moment will lead to all kinds of problems. You can't have a system where nobody saves. It doesn't work.

    link to this | view in chronology ]

    • icon
      Mike (profile), 4 Dec 2000 @ 4:19am

      Re: Wrong!

      Details? It's easy to say things will get worse, but I'd be more interested if you could back up those statements with why you think that's the case. I'm also not sure I understand what you mean by a "system where nobody saves". Please explain.

      link to this | view in chronology ]


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