I thought that these three are being felt now even...

2008-05-02T16:18:00.000+08:00

I thought that these three are being felt now even as the election draws near.

People have reasons to be scared. Unless Bush make any last ditch economic reforms that can mitigate these things, we are to brace ourselves for the worse. Ahh. I hate being pessimistic about these things.

Anyways, thanks for sharing your thoughts Steve.

I read yesterday, that from the Western perspectiv...

2008-04-29T09:33:00.000+08:00

I read yesterday, that from the Western perspective, we have three things to fear in the coming economic crisis, no matter who wins our Presidential election.

First, we are going to be slammed by high energy costs, most specifically, the cost of gas and fuel oil.

Second, is a rapidly spiraling cost of food, both raw and processed, mostly a result of the high cost fertilizers and transportation, again pushed up by the cost of fuel.

Third, is a big jump in housing costs caused mostly by the mortgage default crisis. This is affecting not only those who owned their own residence, but renters leasing from landlords who purchased property with escalating flexible mortgages and who are pushed themselves by higher fuel and food costs.It is kind of scary. Steve Kirk

Making Perfect Sense

Comments on Young Urban Professionals' nOOk: The US Recession and My Worries

I thought that these three are being felt now even...

I read yesterday, that from the Western perspectiv...