SOWPub Small Business Forums  

Click Here to see the latest posts!

Ask any questions related to business / entrepreneurship / money-making / life
or share your success stories (and educational "failures")...

Sign up for the Hidden Business Ideas Letter Free edition, and receive a free report straight to your inbox: "Idea that works in a pandemic: Ordinary housewife makes $50,000 a month in her spare time, using a simple idea - and her driveway..."

Also, please no insults or personal attacks.
Feel free to link to your web site though at the end of your posts.

Stay up to date! Get email notifications or
get "new thread" feeds here


Go Back   SOWPub Small Business Forums > Main Category > SOWPub Business Forum
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

SOWPub Business Forum Seeds of Wisdom Forum

Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old January 6, 2008, 12:49 PM
Sandi Bowman
Posts: n/a
Default Re: The RECESSION of 08, 09, 2010, '11...not much of a limb, but I'll go out on it...

Okay, I'm on record as saying that, economic factors may spur people to take actions that lead us into...and, when they're fed up enough...out of recessions but the bottom line is people talk/act themselves into and out of recessions.

It begins with 'what if' and leads to 'just in case'. 'Just in case' leads to 'actions that cause further downturns' that leads to...exactly what they caused to happen.

I have very little patience with the scaremongers who predict this, that, and the next thing and broadcast their doom and gloom everywhere without thought of the fallout...and for the people who refuse to think for themselves and act rashly on the say-so and behaviors of others. A big 'sell-off' by a few self-appointed leaders and next thing you know, the stocks are being sold off, usually at a loss, for no other reason than simple-minded panic.

There are, because of the ridiculous mix of regulations and people with their hands out for anything they can grab from the gov, factors that increase or decrease (occasionally) the natural turns of events but, bottom line is, if everyone just had patience and waited things out, they'd avoid losing money and jobs and recession would be mild, if it happened at all.

Study history if you want but it's not going to be a lot of help. This isn't the 19th century but the people are still subject to 19th century thinking...and that's the real problem we face. That and lawmakers without any sensible restraints on their passing of ridiculous regulations and so on.

What we need to do is repeal 3 laws for every 1 law they want to put on the books, at minimum for starters, then take some of that education for the masses money that's invested in 'garbage' research and educate the masses about cause and effect. Other than that...well, read your history books, bury your money until it is again worth more than the dirt it's resting in, and hang on for dear life.

To those who invest, more power to you, but give some thought to putting that money into things that will keep us out of recession or help the economy and the people thrive instead of taking the profits and putting them into gambles and speculation and then letting it sit. I know it's wishful thinking...but one can dream, can't they?

Sandi Bowman
Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Other recent posts on the forum...

Seeds of Wisdom Publishing (front page) | Seeds of Wisdom Business forum | Seeds of Wisdom Original Business Forum (Archive) | Hidden Unusual Business Ideas Newsletter | Hotsheet Profits | The Art of Leverage | The Success Report | Persuade via Remote Influence | Affia Band | The Entrepreneur's Hotsheet | The SeedZine (Entrepreneurial Ezine) | The Fly Low Collect Dough Update Hotline

Get the report on Harvey Brody's Answers to a Question-Oriented-Person

All times are GMT -4. The time now is 06:33 AM.

Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.