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Old 12-03-2008, 12:25 PM   #16 (permalink)
ksr
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Re: Gutierrez: 'dangerous to have Washington tell these companies how to run their bu

Quote:
Originally Posted by paul8488 View Post
I was thinking about this today. In the best case just how fast could the economy recover? What would have to happen? Even if things don't get worse, I'm curious how long it would take before they get better. House prices won't jump right up, gas prices are already low compared to this past summer, people are still drowning in debt... what on earth is it going to take to get world economies back into shape? I see this crisis lasting a very long time, even if it stabilises and doesn't get worse. Hate to be pessimist, but I don't see it going any other way.

Some are saying that by the middle of next year, things should be looking better.

I think it's going to take much longer. At least eighteen months.
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