Quote:
Originally Posted by marketsmart
the economy is no where near out of the woods its just the same old smoke and mirrors from the govt and corporate america...
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Exactly right. What's currently happening just in the US auto industry alone will have serious impact not yet felt. By the end of the Summer... between Chrysler and GM... almost 2,000 dealerships will be closed. That's unprecedented. Everyone of those closings presents all sorts of problems for the communities in which they reside ranging from raising unemployment to depreciating real estate values. No, we're a long way off from even getting a glimpse of the bottom of this downturn.