_Economics in Marketing Response_
The ecomomic impact will be a lot different than what it has been before. I think the economy will rebuild itself overtime because we have such a bomb government. But if it keeps ending up like this, where the gvt has to bail thee banks and companies out then were gonna have a problem. Overall this bailout has been positive in my opinion. Without it the largest companies and many banks would be out of business. Banks are going to be less leniant on lending money which will be bad for the millions of people trying to get loans for school etc..
Monday, November 3, 2008
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4 comments:
Great point in your last statement! The markets ups and downs as well as the reactions of investors and banks is largely driven by emotions. If the perception is that there isn't money for students, businesses trying to expand, and myriad other entrepreneurial ventures, would the country be doomed a more severe downturn in the economic cycle? What do you think?
I totally agree, You are a smart man Ryan. Your thoughts are so creative and refreshing! WAY TO GO! :)keep up the great student qualities
I agree, Ryan is a smart man. What part of his response do you feel was an illustration of his creative and refreshing thoughts?
Yes, there would be no hope for a vast majority of the population to attempt applying for student loans etc.. just more of a lower class. More blue collar jobs would be made and smaller businesses would get bigger because more people want the jobs becuase they're not going to college. Just an idea.
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