System i Blogger

Mar 4 2009   8:09PM GMT

Do you want the bad news or the good news first?



Posted by: David Vasta
Tags:
Bad Economy
Economy
Good Economy

I am not one to harp on the bad, I like to see the upside in things. My mother always told me if you can’t say anything nice, don’t say anything at all. While the economy is giving me nothing to say that is not a bit dark there is some upside. Seems there is a light at the end of the tunnel, and seems it’s a few months away. Maybe a year, but considering how long the last HUGE depression lasted, that ain’t so bad.

LINK :: Fed survey: economy deteriorated in Jan., Feb.

I saw this little nugget of info:

“Looking ahead, business people rated the prospects “for near-term improvement in economic conditions as poor, with a significant pickup not expected before late 2009 or early 2010.”"

This to me is a good thing. We needed to adjust a bit and get on with it.

Some more good news today, the stock market around the world was a bit up, which has not been the case os of late.

So what does this all mean? Hell if I know. I am like most of you who want to see the economy come back, people to stop worring all the time and start enjoying life again. It’s bound to happen and Ifor one can’t wait.

I am sure the boys at IBM are looking foward to a recovery so they can dazzle the world with another 10 years of lack luster marketing…..is that dead horse beat sufficently or is IBM just not concerned with thier products in a good or bad economy?

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