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The economy!


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By jeglasgow - Posted on 24 February 2009

 

It is time for all the doom and gloom talk to end. Most of the bad stuff happened last year and we are only hearing of the responses companies are making to last years actual results. There will be a little more bad news, as the banks hone up to reality and the rest of the corrections to our over stimulated national economy are put in place. Just remember these are corrections long over due.

Most of what can be done has been done to correct things and over the next six months they will start to kick in. It takes six to eighteen months to fix problems in a national economy, that has not changed much in three decades. The savings from all the corrections companies have made will start showing up in the second half of this year.

The problem now is all the doom and gloom talk. That creates a self-fulfilling prophecy if it continues. Keep in mind that all the worlds money is still out there circulating, looking for a place to go, (right now it is financing bailouts) when all that money finds a reasonable safe place to be invested, there will be boom times again. Keep in mind that the money in circulation has more then doubles in the last 30 years, if it does that again there will be a whole lot more rich folks.

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There are lots of really good deals out there in every market sector, from real estate, stocks, and all mater of goods. Just look at the Sunday auction notices in any big town newspaper. Go take advantage of the opportunities and get richer.

 

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