http://www.discusseconomics.com/personal-finances/top-ten-financial-decisions-for-your-personal-finances-in-2008/ Join the conversation on a variety of economic and finance discussions. Sun, 05 Feb 2012 11:15:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.discusseconomics.com/personal-finances/top-ten-financial-decisions-for-your-personal-finances-in-2008/comment-page-1/#comment-4495 Fatmoust Wed, 20 Feb 2008 02:22:40 +0000 http://www.discusseconomics.com/personal-finances/top-ten-financial-decisions-for-your-personal-finances-in-2008/#comment-4495 Has anyone considered that a recession is just what the US economy need to restore economic hope for the future? The current lack of economic grow or any catalist for growth has left america loving the assets ie house to much and creating BS growth of wealth for eight years. The US was headed in a real recession just before 911 but it was unamerican to hold spending at that time or the terrorist would have won. At this point in history it is a propoganda machine that staves off recession for 20 years, 1987. The US is long over due for a recession and at the end of a recession wages grow quickly to force money in to the hands of consumers. Real money. This has not happened in a long time and the balance of wealth has slowly moved to advantage of the wealthy. I myself am doing fine and will be doing fine whether there is a recession or not. But real recessions correct for the excesses of preceding times and prepare the road for growth in the future. It is folly to soft land recessions to the point were there corrective power is nothing. No one will tell you that the economy is headed for a recession until it is too late because just talking about it creates the centament that creates recessions. And absolutely no one talks about the positive aspects of recession. But no one likes a rainy day unless you are a farmer. And no one likes a recession unless you earn a wage or believe in the economic cycle. Japan did not have a recession for something like 30 years then they had one that lasted for 10 years. I do not think that anyone should be buying anything they do not absolutly have to. Just wait the worker will have to be force feed money before he parts with any of it. Come on if the consumer plays this right we could have 5% savings rates in America. Have a nice day! Has anyone considered that a recession is just what the US economy need to restore economic hope for the future? The current lack of economic grow or any catalist for growth has left america loving the assets ie house to much and creating BS growth of wealth for eight years. The US was headed in a real recession just before 911 but it was unamerican to hold spending at that time or the terrorist would have won. At this point in history it is a propoganda machine that staves off recession for 20 years, 1987. The US is long over due for a recession and at the end of a recession wages grow quickly to force money in to the hands of consumers. Real money. This has not happened in a long time and the balance of wealth has slowly moved to advantage of the wealthy. I myself am doing fine and will be doing fine whether there is a recession or not. But real recessions correct for the excesses of preceding times and prepare the road for growth in the future. It is folly to soft land recessions to the point were there corrective power is nothing. No one will tell you that the economy is headed for a recession until it is too late because just talking about it creates the centament that creates recessions. And absolutely no one talks about the positive aspects of recession. But no one likes a rainy day unless you are a farmer. And no one likes a recession unless you earn a wage or believe in the economic cycle. Japan did not have a recession for something like 30 years then they had one that lasted for 10 years. I do not think that anyone should be buying anything they do not absolutly have to. Just wait the worker will have to be force feed money before he parts with any of it. Come on if the consumer plays this right we could have 5% savings rates in America. Have a nice day!

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