Economy in turmoil?!

The US Economy is currently experiencing a “downturn”. While many still deny that, we can’t hide the fact that a lot of businesses have already closed, many people lost their jobs, prices of commodities have gone up, and… even the stock market is shaky right now. Lehman Brothers for example has filed for bankruptcy. It’s just sad that this happened to a company which had existed for so many years (or should I say this can happen to any company big and small). Even AIG, being the biggest insurance company in the US, needed a bailout! Some say this instability might be over after the election. Maybe! Maybe not?! I’m sure everyone hopes for the best. It’s not easy worrying on what’s going to happen next. I’m just thankful we still have our jobs.



photo credits - MSN