Thursday, April 10, 2008

Thoughts on the economy

1. With this liquidity crunch we are seeing that those with cash are once again king.

2. People are going to forgo big purchases until after the Nov 2008 election and wait to see what happens this summer with the economy.

3. Growth seems paralyzed by negative media and a continued re-structuring in the credit markets.

4. Someone really smart is going to figure out a way to capitalize on this down economy (and I don't mean buying forclosures) and it is going to be something so simple that we will all be saying "why didn't we think of that."

0 comments: