Is the current downturn starting to spiral?

Why is it that American's feel that they have to solve the world problems all on their own?

The economic down-turn is a global problem that means global solutions. Notice the use of the plural there, as different countries will need to do different things. My concern is where is the co-ordination going to come from? Who will we trust with that?

At least with Obama the US is lucky to have a leader with a clearly communicated vision; here in the UK we have a man that seems to have no direction other than a follower of opinion polls. I have no sympathy as we didn’t get to vote for him.

So what should we all do? Well we like a bit of doom and gloom, we have talked our way into this and let the media carry us off on our worst fears. The simple fact is that the man in the street is just as much affected by this as he was last year, just now is in fear of his job but if he lives in the UK has more money to spend?! Companies are doing little to qwell those fears but the price of lay-offs to any company is great for what seems to be short term, knee-jerk gain, especially one that doesn't have a culture of it, like Microsoft, have found that this is actually a disaster as the effect on morale is the same as making twice as many people redundant.

However, the really smart people out there have realised that some shares are now at serious bargain values and they are in companies without debt, the more we wake up to facts like these the better chance we will have of getting out of this. I would recommend that ordinary people start buying very small amounts of shares you may as well makes some money if a bank is to chicken.

So, stop being so stupid and snap out of it! *He says with a slap across the chops* The future is still yours just jump into things with your eyes wide open.