Apr. 7th, 2009

caraig: (Default)
Okay, folks. I need to find some straight-up, no-BS, direct information here. No sugar-coated, not made gentler, not padded with 'maybe nots' or 'unlikelies;' but also not doom-n-gloom, or apocalyptic meanderings, or such. Essentially, not looking for opinions; hard facts and numbers. Not only for myself, but for all of us.

Are we going into a new Great Depression?

Basically, what is the economic outlook for the next five years? More of the same? Getting better? Getting worse? I really don't know, and I don't know whose word to trust right now. Much of what I'm hearing has been dishearteningly silent on where the economy is going, or outright doomish.

So I'm trying to get a better sense of what we're up against and what we can expect, and what little financially insignificant individuals like myself can do to brace for the theoretical storm. More to the point, if there is such a storm about to whack us all.

Thanks in advance.

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caraig

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