Wednesday, March 19, 2008

The Current Situation

As all of you know, the World Economy appears to be in a state of flux, with many declaring that some major countries are in undeclared recession.

Since even the experts seem to disagree on what is or may be happening, this is hardly the time for non-economists to do more than take what actions they feel appropriate.

Unfortunately most of us are not in a position to do much, and most just hope that we can weather the storm, if indeed there is a storm. It certainly looks like a storm.

So for we mere mortals, I think "caution" is the watchword.