Monday, March 17, 2008

Unstable Economy

The investors right now is facing the pressure after the buy of Bear Stearn by JP Morgan Chase. I watched the news how the stocks downfall of Bear Stearn from $100+ per stock a year ago is being bought by JP with just $2 a stock. That is a very big deflation. Who would be next in line after this 5th biggest investment company buy out? Is this an indication that recession is just in the doorstep? I hope we can see some light leading to stabilization of the US economy so we will not fear of more increase in price of our basic needs.

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