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March 25, 2009
Posted: 2258 GMT

Tonight's Profitable Moment....from Quest Means Business

So with what is the road to recovery paved ? We certainly know rose petals aren't being strewn in our path. But is it right to say we are on a road to hell as the Czech prime minister described Obama's economic policy.

No one doubts the road has deep pot holes. The evidence of a hard journey ahead is everywhere. Large budget deficits that will be millstones round our necks for decades are piling up. Homes are being lost, there is virtually no economic cheer – and the best we can hope for is a tepid growth later in the year. This much we already know.

But what makes the journey hellish ? Is it the fear of the unknown, or the near certain fact that our standards of living are going to fall. Perhaps we are now so much in love with the latest gadget and mobile gizmo that the thought of anything else sends us into despair. I find that hard to accept. We can do better than define our journey being consumed by the latest consumer trinket.

Whether it's the road to recovery or hell – there are many twists, turns and cul de sacs. We won't always agree on the best route to get us home. There is no Satnav to economic nirvana.

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Filed under: Banking •Business •Quest Means Business

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alex   March 26th, 2009 12:48 am ET

Dear Sir Richard Quest,
Thank for Your work on CNN.
No matter how gifted we are or how hard we work, most of us will fail to ... settles us down, prepares us for the hard journey ahead.America going into a long period of economic stagnation.Inflation is going up and the standard of living is going down.
Our standard of living is falling.
Cul-de-sacs may be a dead end .
I would like to thank You for kindness assistance and patience. I look forward to hearing from you.

Yours sincerely
With Best Regards,

Alex ,
P.O.Box 3683, Tallinn, Estonia,10507

Talent is something, but tact is everything. It is not a sixth sense, but it is like the life of all the five – Tact is for people who have sense of sarcasm.
Great show 2nite, Man.

Michael from Geneva   March 27th, 2009 5:39 pm ET

I guess President Eisinhower is turning over in his grave now because he said that we should fear the MILITARY INDUSTRIAL
COMPLEX,,,and whats happening now?

Michael C. McHugh   March 27th, 2009 6:06 pm ET

As Harry Truman once said: "I don't give 'em hell. I just tell the truth and they think it's hell."

chamseddine   April 3rd, 2009 12:45 pm ET

The road of recovery is just a magic big lie to hide the cruel reality .This
year will be the worst, and we will reach the top of crisis next summer.The world now is like an old puzzle,If we touch one piece ,the rest will follow down. Obama help the bankers,and rich.You know what the fear of crisis destroys than the crisis it self; we should stop discussing about it, and we should break the rules to find a new mechanism and real strategies to survive the severe future.

Peter Vaz   April 11th, 2009 6:30 am ET

Mr.Richard-All the white collar saints has led us in the red aisle of Abyss. Can the green evil shoots at least lead us into investment temptation? Common teach us how to wear a tie during the recession and how to pressure and ring the bell to summon CEO to our office. Your program is really fantastica! including all those supporting Anchors. We enjoy a lot and drains our salary cut sorrows by watching your Quest discoveries. Keep it up and increase the time to at least 2 hrs/ watching your mouth saw with a sharp cutting edge slitting the CEOOS...

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