HDRKID

Wednesday, February 13, 2008

Economic Forecast

Today, financial giant Citibank said it would layoff 4,200 workers. The sky is getting dark. My Economic Forecast is trouble ahead. We face a growing trade deficit with China. The dollar in decline and our automobile industry in trouble.

Now it is common to see articles in the daily newspaper like "How to keep you job in a recession". GM annouced it would cut 70% of US workers. The drop in the dow will cause problems, and we see the road ahead filled with potholes.

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