are on the verge of
And some media think that the economy might be too!
quot; The economy was in deep pain even
as the government pushed forward
Wednesday with its latest financial rescue plan to exchange
taxpayer money for stakes in the nation's banks . quot;
October 16th, Associated Press
quot; President George W. Bush reassured
Americans on Saturday about the
long-term health of the economy,
insisting that the United States is still quot;the best place in the world to start and run a
business . quot;
Agence France-Presse, October 18th
quot;…still, credit - the lifeblood of the
economy - isn't flowing freely by any
Los Angeles Times, October 18th, Tom Petruno
Let’s put our white coats
and see how economy is.
quot; Since January 2008, owners of stocks
in U.S. Corporations have suffered
about $8 trillion in losses quot;
Which would cause anybody a major headache!
Source : En.wikipedia.org/wiki/subprime_mortgage_crisis
quot; The year 2008 as of September 17
has seen 81 public corporations file for
bankruptcy in the US quot;
Already higher than the 78 in 2007!
Source : Formaementis.wordpress.com/2008/09/26/economic-crisis