Economy Questions Thread

[ClairefromClare]

Just for the record, I come here so I DON'T have to think about this for a few minutes. I'll go back to worrrying about everyone's love life--far more productive.

 

[provisional]

What do the money experts around here think of this?



Think it's possible, or reckless optimism?

It will take from 3-5 years to notice a possitive change in the economy. Big business will see it first, then the trickle down effect will make it's way to the regualar working guy. Then again what do I know, since I lost several thousands of dollars on some very good stocks over the past couple of years. Plus I am still buying these stocks....lol JMHO :confused2:


Remember, we live in an R.O.I. world now. Nothing else matters.................

 

[julie_m]

Apparently, they were give company stock as part of the bonus but they had restrictions on being able to sell off that stock(depending on their age).

That happens at a lot of companies in trouble, the giving out of stock for salary with restrictions on sale. I have tens of thousands in Northwest stock. (Anyone want some? You too can own a real life relic!)

I don't know about in your area but in Texas the banks are lending money just like they always have (it does require good or decent credit and a down payment to purchase a home).

I am surprised everyone has been lending me money. I do have sterling credit, but I was also unemployed for almost two years. (No matter!)