Thursday, February 12, 2009

Obama's stimulus package

I've been keenly watching CNN and CNBC, watching the state of the world markets and seeing how each market reacts to upcoming news.

The only market that has seemed to do well with the hopeful news of the stimulus package is the US markets.

I was talking to my mother in England a week ago and she said that if the economy carries on the way it is England is going to go bankrupt. The problem being that if they go bankrupt the US will be next. I never thought i'd see the world economy in such a state and now i'm wondering how the hell the world is going to come out of this slump.

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