Wednesday, February 25, 2009

Funny but serious facts about economy...


Today morning I was watching CNN and there was this conversation, that took place between the presenter and a reporter. They were talking about the downfall of shares in the US market. They took the digg at some big companies such as GM, Citi group....

It was really funny to see the no.'s.

Price for a spark plug : $3.79 Share value of GM : $2.22

User charge at atm : $ 3         Share value of Citi :  $2.6

Cost of a GE Phone : $ 17.99  Share value of GE  :  $9.08

These figures were quoted by the news team, in a rather funny way. They were playing a guessing game with these numbers. But when you look at the big picture, what you see is how many families, how many individuals are suffering by the stock market slump. How many have lost their hard earned money by investing in the stock market. Is there a way to restock their money. Is there an end to this downfall in the coming months. Only the almighty can answer this question...

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