Both GM and Starbucks say everything is A-OK and we've hit the bottom of the downturn. (If things are looking up, I wonder why SBUX is closing 600 stores and GM is begging for money in Washington)
Real estate agents say now is a great time to buy and we've hit bottom (again).
George Bush said the economy is just super duper.
Ben Bernanke says all is well.
CNBC is convinced Dow will be at 15K by next year.
So this is all fantastic news. Right?
Just one question: Can we have our $700B bailout back? I mean if things are looking up like we're being told, surely the economy can stand on its own and we can get our money back.
Thursday, October 30, 2008
Good news...recession is over
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