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I've stopped worrying about Saab...
Posted by No Snaab (more from No Snaab) on Mon, 9 Mar 2009 12:12:21
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and started worrying about the country as a whole. If things are this bad now, what's it going to be like when all of the job loses of the last 6 months start affecting the economy? Frontline had a good piece about the banking crisis of a few months ago and the people interviewed seemed to feel we were days away from a melt down that would have taken down banks worldwide! I've been through a few recessessions but nothing like this. In the early 80's my wife and I were financial "refugees" of a sort when we moved from MI to Florida (which was booming at the time). I guess the question is where is the new "Florida"? Europe seems to be in the same boat and Japan seems to be having some big problems. I can't imagine countries that depend on tourism (the Carribean, Central America, etc) would be good. I'm sure the oil rich, middle eastern countries are probably doing alright but I wouldn't want to live there. What about places like Austalia and New Zealand? You don't seem to hear much about them and I would think their economies are free-standing to some degree (they don't export much here anyway). So the theroetical question is, if things got bad enough, where would the smart money be in terms of a place to bail to.
posted by 24.247.176...
Posts in this Thread:
- I've stopped worrying about Saab..., No Snaab, Mon, 9 Mar 2009 12:12:21 <-- Viewing This Message
- Re: I've stopped worrying about Saab... (new zealand), larryu, Tue, 10 Mar 2009 05:35:09
- Re: I've stopped worrying about Saab..., KevinM, Mon, 9 Mar 2009 19:06:51
- Re: I've stopped worrying about Saab..., Rich, Mon, 9 Mar 2009 17:55:56
- This will pass.., AlS, Mon, 9 Mar 2009 16:18:45
- doomed., James, Mon, 9 Mar 2009 13:02:51
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, Mon, 9 Mar 2009 21:45:18