Thursday, August 12, 2010

Nothing New in Economics

Well, another month has passed, with nothing worth talking about. Of course, EVERYONE is talking about the slowdown in the world economy. Not really news. Just that SOME of the numbers are beginning to reflect reality.

The 2 year T-Bill rate has dropped to its lowest in recent history. No surprise. I said last month the chance of any real recovery in the next couple of years is pretty slim. Recent numbers are just reflecting that.

Keep the Faith.
Faith in Jesus, that is.
God is the only thing that is sure.

1 comment:

CombatRob said...

Nothing to see here, except the reality you mention - which is quite bad, IMHO.