11/06/2008

According to Joseph Szczesny in October Car Sales Even Worse than Expected, it reveals the condition that few persons would glad to buy a new car. The financial crisis can be instantly observed by the statistics. Now the carmakers only hope that the financial markets stabilize soon. They believe that after the election, everything will get better.
I think the car sale is the important index to know a country’s economy. After the war, the U.S and Japan exported their cars overseas. It had a big impact not only on trade but also on culture or other parts. The more the cars are sold, the more the advanced countries it stands.
The situation is different now. The financial crises crash the whole world. We are in another recession. We have careful calculation and strict budging. We are thrifty everything we spent. Who will still have extra money to buy that luxurious entertainment?
I agreed all of us are in hard time. In fact, it’s not so nice, however, I believe this period will end soon. Browsing through human history, it’s common to see the economic up and down. So, there is nothing need to be worried. We will still laugh at last.(202 words)

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