Thursday, 29 January 2009

Money

If you listen to just about any economic commentary, 2008 was a year of continued economic decrease and the worst recession.
Banks have lost a lot of money,investors are nervous about buying an investment, good value borowing is difficult to find and people don't have any more confidence in banks.
The way of life has become more expensive and the prices are much higher. It's difficult for some families to live like before.We had to cut back and make sacrifices. Many buy less clothes and wait for the sales to go shopping, others don't go to restaurants anymore because of the excessive prices and prefer eat a small meal at home.
All economists and governments are optimistic about the future and reassure people telling them the crisis is finishing soon.But we haven't the slighest idea about the fact of the current crisis and it's difficult to trust them.

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