We have reached mid year of 2009, but have we reached midway in this great recession?
It does not appear so. Some big name economists feel we have seen the worst. Others feel the worst is yet to come. Even the famous billionaire Warren Buffet recently saved his opinion, and it was far from optimistic. He feels we are years away from a full recovery.
Hundreds of thousands of US jobs are still being lost every month. There are still thousands of jobs that have been farmed out to 3rd world countries. More and more manufacturing is being given to China. Where is that turnaround point, how far away!
How secure is your job, your home, your property, etc! No one can be sure of anything these days. Of course there are some industries not doing as bad as others, but they are the exceptions.
The auto industry has been in probably the worst slump they have ever seen. The US government bailout is starting to help the auto companies, and thenby restoring some confidence to the consumer.
If a new car is in your future, you'll no doubt stay away from the gas guzzlers, and go for the fuel efficient smaller cars, perhaps even an electric car. I am just saying you're going to be more cautious than ever, in making your decision.
You bought to also make sure you get the best auto insurance quote. It is now possible to get free quotes online. You do not have to wait for a quote from the offline agents, because the Internet has made it easy for you and the insurance agents to work together to provide you the best service possible.
Do not underestimate the amount you might possibly save, as it could amount to hundreds of dollars annually. You have absolutely nothing to lose by getting your free auto insurance quote. And it's fast.
Below you will find your free auto insurance quote site, and it's for US residents only.
Go get it and see what you find! I sincerely hope it's in your favor.
Fred Farah