Sunday, October 5, 2008

Recession

Why is the man who invests all your money called a broker?

Lately, broker is the right name for him. With the 700 billion dollar bill just being accepted, it is just wait and see for America. Stocks have been plummeting for the past couple months and it is clear that our country is in a recession. I don't understand how just all of a sudden we got into a recession and how come everybody talks about it? No one wants to invest right now because it is risky, and people know that because you can't turn on the news without hearing about the fact our country has been going downhill. Think of this one...
If the government never said we were in a recession, would we be in one?
I ask this question because if people didn't know we were in a recession they would still be buying stocks and investing, but since people are aware of it, they hold on to their money and only buy necessity's. This has put many shops out of business, and made many people bankrupt. Next time our country is booming or sinking, how about we don't tell anyone about it?

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