When do you think the economy will bounce back again?
by 
LittleMissSunshine
ANSWERS: 9
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I think it will be a long, long time. Atleast 4 years.
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Who knows? First, we thought it was all over when we bailed out with banks and their motgage fiasco. Then, came Wall Street and it we thought it was over only to find out that now the automakers are next in line. Who will be next? What chances are there that it will all stop at Detroit? If anybody else out there is hurting, you can bet assured that, by now, they've got the idea that they can get a government hand out and they're gonna do whatever it takes to get it
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It's going to be awhile......Housing has been shattered.......and its caused a serious trickle down effect.........The only positive is there are some good quality stocks out there selling at really low prices.........
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The optimists cite that most of us are paying our mortgages on time and benefiting from collapsed oil prices. Those people are checking bargains in the stock market and pointing out this isn't the 1930s or even the early 1980s. When we realize that a line must be drawn under new spending programs and old ineffective ones, we will be on the road to recovery.
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Well, even when the housing market has a chance to rcover, and the weakest links in our business culture have vanished (sadly), the effects of these majical bailouts will have us dealing with paralyzin inflation to an extent of creating a masked new financial problem when the existing problems have neutralized or shown faint signs of rlief, so in conclusion...a very long time, definately over a decade.
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In 4 to 5 years time.
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Sooner than most think. I say give it a year or so.
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5 years.
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I think people are waiting to see what Obama will do. If he gets us off to a great start then I think things will recover in a year or two. If not, well, I don't want to think about that.
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