Windows 7 saves the economy!

Hooray! Microsoft's new operating system is jumpstarting PC sales and causing the market to blow up by 40 percent. That means the economy will probably rebound right? Nothing to worry about we can start charging our credit cards again?

As many predicted, the debut of Windows 7 has prompted a surge in PC sales -- for now, at least. During the first week of general availability, Windows 7 boosted computer sales by some 40% year-over-year, according to Morgan Stanley analyst Katheryn Huberty.

The figure is based on NPD sales data, and is partially skewed by consumers holding off purchases. During the two weeks leading up to Windows 7's launch, sales fell 29% and 2% compared to 2008. While computer sales have rebounded (and then some) from that stint, many people -- including Microsoft CEO Steve Ballmer -- don't expect Windows 7 to have a long term impact on PC sales.

Oh so this is just a bubble? Really? Who's ever built their financial stability on a bubble and failed? Oh wait that would be the economy in the early 2000s.