Posted by Bob - MI on March 16, 2009 at 07:23:52 from (24.180.219.253):
In Reply to: O/T Recession posted by Ben Grimes on March 16, 2009 at 07:13:35:
I can"t imagine that things will be all behind us in another 9 months.
Automotive companies have sourced LOTS of parts in Asia and put american workers out of a job. They are now puzzled why nobody is buying cars. I am not sure that GM and Chrysler will make it without bankruptcy and that will impact suppliers. The trickle down will be felt all over.
I took my 401K out of the market. Not sure when I will get back in.
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