So, What is happening in the economy?
Do you worry about the state of the US economy?
Have you any idea how bad things are?
A former Chairman of the IMF stated this week that he expects a major US bank to fail in the next few months. This guy is a professor at Harvard University.
I get the distinct impression that most people have no idea what is going on. Yet, the real estate market is in the toilet, the stock market has negative returns right across the board, CDs are paying 2% if you are lucky and inflation is running rampant…How is it that there isn’t mass panic by the general public?
So, where do you invest or keep your money right now?
This is a major problem and according to many analysts, one that is going to get much worse before it gets better. I would like to know what your thoughts are and hear any suggestions as to what to do with money right now. It is unbelievable the situation we are facing, but what is more unbelievable is that most people haven’t got a clue…
Let me know your thoughts and suggestions.