...You would think that with the theme of hope in the inaugural yesterday, we would be able to see a bit of sunshine in the market...Clearly the market remains dim...There were more losers than gainers yesterday...and many market analyst forsee a slow recovery in 2009...I don't claimed to be an expert in economics..With the few subjects I've taken of macro and microeconomics, the only thing I was able to grasp was that politics is the downfall of economics...I remembered having a debate with my professor...He asked me to report the economic climate and statistics from 1930's to the 1990's...I did my report punctuating political unrest greatly affect the state of the economy...I was faulted for including political reasoning on my report...It seems he only wanted to hear statistics on gnp and gdp, and why the market is moving that way...but I argued that goverment regulation and intervention was integral in looking at the overall picture of the whole economy...
....I'm beginning to wonder if the global economy is facing a collapse in the system...if it is, I wonder what kind of economic system will emerge???
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