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GTJ (Offline)
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Economy Taking Some Tussin? - 08-18-2009, 06:50 AM

Seems the Japanese economy has been hitting the cold medicine.

66% of major Japan firms expect recovery by early 2010: poll | The Japan Times Online

Thoughts?
Personally, I've been saying since last year when this all started that, while there are some forces beyond our immediate control that do indeed need fixing, the economy is only going to be as bad as people make it.

In America, you've got Fox News and CNN and everybody running around screaming about how horrible the economy is, businesses laying off left and right citing a poor economy instead of adjusting their business models to compensate, and so on. People are spending less money because "the economy is bad", however, doing so does, in turn, MAKE the economy worse. Spending money responsibly and hiring workers has, for hundreds of years, boosted nations' economies.

This is just how I feel. What do you all think?


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