As bad as it may seem out there in the economy. I believe things are going to start turning around
sooner than later. All these so called experts are saying second quarter of 09 based solely on past histories.
The great thing about all the so called experts is that none of them have ever predicted a turn a round and it always seems to catch everyone off guard and happen allot sooner that anyone expects.
I was reading an article about how gas prices have fallen so low (Yes, its the economy) but if you google what the experts were saying about gas less than 45 days ago (same economy) no one saw this coming they expected maybe around 70 to 90 a barrel. Now the news is that we may have a long run again with cheap gas. (go figure).
My main reason for believing that our economy will turn sooner than later is very basic. Pent up demand in all companies that have been cutting costs and putting off major purchases. Yes, the economy is bad and people are still losing jobs, but companies are still running and still producing and still need equipment and have been holding off for well over the last 12 to 16 months. Now that we have made the official "R" announcement (which usually is made at the end of the"R") Monies will start flowing again
from banks to companies, companies will start making the purchases they have been holding off on and
boom things will start happening again. Mark my words, as much doom and gloom that's out there, turn a rounds always always catches everyone off guard.
So chin up and don't dispare things are going to get better alot faster than anyone believes.
Comments(6)