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When do you think the economy will get better?
just wondering.
3 Answers
- 1 decade ago
I believe it will be when there's a strong change in expectations about the economy itself. Said in other words, when there's a shift in people's / consumer's confidence about the economy as well as the political atmosphere that surrounds it.
Obama could be the catalyst for this sudden change in expectations, as people, consumers and the markets see him and his policies as a potential solution and the current downturn as bottoming out, thus replacing gloom and doom for hope and opportunity.
Source(s): Having lived most of my life in the ups & downs of latin american economics. Confidence is the first thing people & markets lose and the last thing they recover, but when they do, it's they key to getting back to growth.