The proverbial sky is falling. Several thousands of dollars in my investments value have disappeared. Credit is harder to come by. 31 States will soon be unable to meet their financial obligations.
Cash is now king. We may be headed, some say, towards deflation.
Here is my take on it.
Invest in companies that employ Americans and make goods here. Cut back on your use of foreign made goods.
Use your car less and keep the heat low. Now is the time to face this chrisis head on! Enough of sending our jobs and money overseas.
We must not give in to fear. We must save and invest now more than ever. We must not give into panic and fear as that will be our downfall!
Hold Republicans and Democrats responsible for this mess they allowed to happen! Throw all the bums out!
We can get through all this if we do not panic and give in to fear. Tighten your belts and keep moving ahead! It will get better.
We can do it gang!!!
Nothing to fear but fear itself!
October 9th, 2008 at 10:08 am
October 9th, 2008 at 10:30 am
October 9th, 2008 at 10:33 am
Recession yes, deflation? Is a weuird concept in this day and age when most people don't even use cash at all but use debit cards and checks, processing payments online, etc. I don't think we are there yet.
October 9th, 2008 at 10:51 am
Maybe unlike some people, I make decision on buying the best value at the lowest price regardless of the method of payments.
October 9th, 2008 at 11:11 am
October 9th, 2008 at 11:12 am
October 9th, 2008 at 11:20 am
October 9th, 2008 at 11:50 am
Julie, we certainly can do it! I remember that line from Steinbeck's 'Grapes of Wrath', "They can't lick us cause we're the people!"
October 9th, 2008 at 01:07 pm
As I was saying elsewhere, I'm actually kind of glad, because we could be rebounding sooner than later. Historically, that's how rebounds occur.
October 9th, 2008 at 08:37 pm
Buying anything on credit supposes that you will and have the ability to pay back. Big time debt here!
Rebound may take years. We have to start fixing things now and it starts with us!
January 17th, 2009 at 12:21 pm
January 17th, 2009 at 09:14 pm
January 18th, 2009 at 06:29 am