If your in the middle class, YOU are in a recession. If your in the lower class making less money and own a house right now, YOU are probably in a depression..
I really dont give too hoots how the stock market is doing when i look at the economy to guage how i feel MY business will do in the upcoming months.. High oil prices, high food prices, paired with many in a mortgage crunch will mean to ME that my business will not thrive anytime soon.
I would like to see the figures of personal debt and personal savings.. how many 'normal average income' people are able to save 1/4 of their income in todays economy?? not as many as a few years ago..
there is Nebe's view on things..
