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work2bfree · 08-24-2007, 07:51 PM

The problems in the housing market has drastically affected the state of the economy. For example, I read yesterday and today that Countywide Mortgage Lender will be laying off a lot of people. I think the money Bank of America lent them help to stave off bankruptcy for a little bit. The stock market has not been stable either. I am kind of worried about the possibllity of a recession coming on. What is your opinion on the state of our economy? Am I just being paranoid?

08-24-2007, 07:51 PM	#1 (permalink)
work2bfree Contributing Member Join Date: 08-23-07 Location: Montgomery, AL Posts: 162 iTrader: 0 / 0% Latest Blog: Health and Ganoderma Lucidum (Reishi Mushroom)	State of the Economy The problems in the housing market has drastically affected the state of the economy. For example, I read yesterday and today that Countywide Mortgage Lender will be laying off a lot of people. I think the money Bank of America lent them help to stave off bankruptcy for a little bit. The stock market has not been stable either. I am kind of worried about the possibllity of a recession coming on. What is your opinion on the state of our economy? Am I just being paranoid?