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..."

NO BLATANT ADS PLEASE
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

Reply
 
Thread Tools Display Modes
  #1  
Old January 6, 2008, 12:22 PM
GordonJ's Avatar
GordonJ GordonJ is offline
Administrator
 
Join Date: Aug 2006
Location: West Palm Beach, FL
Posts: 2,712
Default The RECESSION of 08, 09, 2010, '11...not much of a limb, but I'll go out on it...

There will be RECESSION...some say we're in it. Not quite. But soon. Very soon.

Mark it, copy it and print it out...rub my nose in it IF I'm wrong. BUT,

the majority of people will get HURT in this recession. A minority will be untouched. And a few...a very few...

are going to PROSPER beyond their wildest dreams. NOT because I say so, but because history says so.

The next US president is going to be facing the worst economic crisis of our generation and it may rival the crisis of the Depression.

Go ahead, and put down your opposing views if you want...go on the record...(but not anonymously...you'll be deleted)...and let the cards fall where they may.

I'm going to address and be in the "few"...those that will continue to prosper and rise above the recession. You can't be of much help to others if you are one of those that are getting "hurt" by the recession.

Your choice is to get hurt...or get healthy, from a financial viewpoint.

OPPORTUNITIES sky rocket in downturn economies...but so does disaster...and there are too many people dancing with disaster.

OK? So what can I do Mr. Recessionitis?

Do your homework and look to history, to see what types of businesses will soar...what was gangbusters in 74-75? LOOK to history for clues to your future. I'll be sharing some of my thoughts on the Great RECESSION of 08-09 etc. so please share yours.

Gordon Jay Alexander

PS. Where you are TODAY, right now...IF I'm right and we bottom out and RECESSION overtakes us...right now...

will you GET HURT? or will you PROSPER?
Reply With Quote
  #2  
Old January 6, 2008, 12:47 PM
FirstBorn's Avatar
FirstBorn FirstBorn is offline
Member
 
Join Date: Aug 2006
Posts: 67
Default Re: The RECESSION of 08, 09, 2010, '11...not much of a limb, but I'll go out on it...

Quote:
Originally Posted by GordonJ View Post
There will be RECESSION...some say we're in it. Not quite. But soon. Very soon.

Mark it, copy it and print it out...rub my nose in it IF I'm wrong. BUT,

the majority of people will get HURT in this recession. A minority will be untouched. And a few...a very few...

are going to PROSPER beyond their wildest dreams. NOT because I say so, but because history says so.

The next US president is going to be facing the worst economic crisis of our generation and it may rival the crisis of the Depression.

Go ahead, and put down your opposing views if you want...go on the record...(but not anonymously...you'll be deleted)...and let the cards fall where they may.

I'm going to address and be in the "few"...those that will continue to prosper and rise above the recession. You can't be of much help to others if you are one of those that are getting "hurt" by the recession.

Your choice is to get hurt...or get healthy, from a financial viewpoint.

OPPORTUNITIES sky rocket in downturn economies...but so does disaster...and there are too many people dancing with disaster.

OK? So what can I do Mr. Recessionitis?

Do your homework and look to history, to see what types of businesses will soar...what was gangbusters in 74-75? LOOK to history for clues to your future. I'll be sharing some of my thoughts on the Great RECESSION of 08-09 etc. so please share yours.

Gordon Jay Alexander

PS. Where you are TODAY, right now...IF I'm right and we bottom out and RECESSION overtakes us...right now...

will you GET HURT? or will you PROSPER?

Hi Gordon,

Thanks for the "Wake UP!" Post!

Here's a Q for You:
Where would one go to research the businesses
(Types / Industries / Products/Services, etc.)
that have thrived Historically (as You mentioned)
during Depression and Recession times?

Since things have changed Drastically since the 'Big One'
in 1929, how would that affect what to look for in
money making ventures that will thrive during 'hard times?'

For instance, they [people of the 1920s/1930s]
didn't have the internet and many of the technological
advances that We have today.

What would YOU do if the US would go into a Tail Spin
and get STUCK in a Recession and/or Depression?
(will have to wear the "WWGD" badges... HA!)

I bet a LOT will be riding on the elections and who wins.

Christopher
(Not Anonymous)
Reply With Quote
  #3  
Old January 6, 2008, 01:47 PM
GordonJ's Avatar
GordonJ GordonJ is offline
Administrator
 
Join Date: Aug 2006
Location: West Palm Beach, FL
Posts: 2,712
Default The US is going to go into a tailspin...

Quote:
Originally Posted by FirstBorn View Post
Here's a Q for You:
Where would one go to research the businesses
(Types / Industries / Products/Services, etc.)
that have thrived Historically (as You mentioned)
during Depression and Recession times?

What would YOU do if the US would go into a Tail Spin
and get STUCK in a Recession and/or Depression?
(will have to wear the "WWGD" badges... HA!)

I bet a LOT will be riding on the elections and who wins.

Christopher
(Not Anonymous)

Christopher,

Instead of 29, let's go back to 1974... similar situation with OIL...

And make no mistake about it, OIL is the problem...or rather, how much of it we get...

One of my secet weapons is a TIME machine...found in libraries and online at places like best sellers of ______ etc. Old magazines and newspapers. Which is why I still harp on visiting the LIBRARY once in awhile. I can find things on Micofilm in a matter of seconds, whereas, online it could take days to track this stuff down...

Anyhow, there are basics. One basic is OIL is in every aspect of our lives, from the grocery store to our transportation. IT is the critical element for us.

All the rhetoric of the presidential candiates isn't going to change squat in Washington. If you drive a car, you buy gasoline...gasoline prices are going up. Bet on it.

Home heating oil: going UP. Electricity: UP. Water prices: UP.
The good news is, real estate is going to hit a low...great if you have some bux to invest...but make sure you have tenants or buyers lined up first.

So Christopher, that is the first place to look for opportunity:

Answer these questions:

How can I help people save money on their electric, gas, water on all utilities?
What products will people want? (Energy efficient ones)

What about JOBS? Today's paper is full of major companies from Kraft to Chrysler who will be laying off thousands of workers this year...what do these job seekers, the newly unemployed want/need?

The March 2008 issue of Small Business Opportunitties has this headline:

"OUR BIGGEST ISSUE EVER!"

According to the Gordon Alexander Economic Indicator Scale...this is NOT good news for the economy...but it is great for those who have material or businesses that can help people earn money...

It will be a great time for CHATTEL (EVEN BETTER TIMES, cause there is no bad time to chattel).

Barter will once again hit the spotlight. Gold. Silver. Diamonds. Pocket watches, etc. will soar.

HOMESTEADING will become HOT again...dust off those old green house plans...and get out the past issues of Mother Earth News.

Help people MAKE more money, SAVE money, keep their money...lower their utilities, have more fun, get and stay healthy...and you'll be one of the FEW that prospers in the coming RECESSION.

Gordon Jay Alexander
Reply With Quote
  #4  
Old January 6, 2008, 01:49 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
  #5  
Old January 6, 2008, 03:43 PM
GordonJ's Avatar
GordonJ GordonJ is offline
Administrator
 
Join Date: Aug 2006
Location: West Palm Beach, FL
Posts: 2,712
Default Your rhetoric garners sympathy, but it is WISHFUL THINKING

Quote:
Originally Posted by Sandi Bowman View Post

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

Dream of what Sandi? That people are going to change because you want them too? Because we can educate them to understand?

Your diatribe sounds like Ron Paul at the debates...probably very righteous thinking...but not practical, not useful, not purposeful at all.

What people are still subject to 19th century thinking? The majority of our visitors here at SowPub? Most of the people in your neighborhood? The vast majority of American citizens?

I don't get who the THEY and them are. What legislation do you want repealed and what are doing to repeal it? What lawmakers do you want out of office and who are you going to replace them with?

Sounding the bell and trying to get people to see the writing on the wall, so they can prepare for bad economic weather if and when it comes...even if it is created by a few...is hardly being a FEAR mongerer.

"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..."

What exactly is the fallout ? of predicting, forecasting and broadcasting their opinions...and preparation is NOT doom and gloom...it is a siren...a warning signal...and you and others are free to ignore it if you want.

Do you have some very specific steps we can take to keep the us from "simple minded panic'?

I'm not acting out of simple minded panic...I see what is happening, how are your drug costs doing? How is teh price of your medication...DOWN? THANKS to Wal-Mart?

Millions of baby boomers ARE impacting our life...not a dream, not a wish, but a fact of life...the aging boomers will have an economic effect upon our health care...upon social security...and I'm not sure who you are referring to regarding

"and people with their hands out for anything they can grab from the gov"

We have to either cut THEIR hands off (whomever you are referring to) or not have anything for them to grab from the gov....right?

Well, I am sympathetic to your anger and frustration and your viewpoint...however, wishful thinking isn't going to be of much help I'm afraid...don't you think PREPARATION is going to do us more good? Or am I understanding you correctly and should I get my plastic coffee can and shovel ready and that's how I can get through any "fake" recessions that we create?

I just can't accept your hypothesis based on THEY and THEM and what we should do and didn't do.

I'm very clearly stating, I BELIEVE a recession is coming.

IF it comes (however it is created) most people are going to get HURT.

Some won't feel a thing. OTHERS will profit and prosper and be in a position to HELP other people because they gave some actionable thought and put well thought out strategy into their bag of tricks. OK?

Gordon Jay Alexander
Reply With Quote
  #6  
Old January 6, 2008, 03:57 PM
MichaelRoss
 
Posts: n/a
Default Re: The RECESSION of 08, 09, 2010, '11...not much of a limb, but I'll go out on it...

Gordon,

Thanks for raising this issue.

Fact: A bank is stable
Rumor: The bank is unstable
Action: People withdraw their money from the bank
Result: Making the bank unstable

There are very real reasons why *I* think we are heading into a recession at least and possibly a longer term depression. And they are based partly on Fact and partly on Rumor/Action of people.

# 1: The sub-prime fiasco. Some so-called real estate experts say the problem is not as bad as is being made out. That when taken over the Number of loans taken out, those in default represent a small small number - in terms of loans taken and the dollar amount of those loans in comparison. (Do those saying such things have a vested interest in saying them? Often, yes.)

But consider, if there are roughly 60,000 loans in default by more than 60 days, and those loans are an average of $1,500 per month, then we are talking about $180,000,000 in default loan money. And that doesn't include those who are 30 days behind and still yet to go into 60 days behind.

But it Is a little worse than that. Because not only can these loans be in default, they cannot be refinanced into a profitable position. Meaning, the Security is worth less on the market than the current mortgage (if all are foreclosed on that's 60,000 properties hitting the market and driving the price down).

Also, the default figures represent Domestic loans and do not consider Commercial Loans. RAMS homeloans in Australia has close to $7 Billion in questionable Commercial Loans - that's just them, and a far cry from $180 million. (RAMS sold their loans into the subprime market in the US)

When the S&L collapse happened, it got rid of the Competition and brought the loans back to the banks. The S&Ls sold loans, which were bundled into investment packages which the S&Ls invested the money they got from selling their loans. But you cannot keep robbing Peter to Pay Paul. And in the end the Banks end up with security over a lot of stuff that they acquired for pennies on the dollar - upto 60% discount.

Now we have the same thing. RAMS has been partly bailed out by one of Australia's Big Four banks. They bought the Name first and have now bailed them out. Simultaneously obtaining a bunch of Loan Assets and Outlets/Branches from which they can sell loans to other people. We see a repeat... loans acquired at a discount by a big bank.

The banks get stronger and the competition disappears.

But as banks do Bail Out each other to a degree, they take on Problems. And so what happens in the US also happens elsewhere to an extent.

# 2: Stockmarket decline. While the Value of a stock does not represent the economic conditions of the company it represents, it is a devaluing of money. When seen by Mom/Pop investors the money is withdrawn from the market to either be held on to or put into other investment vehicles - such as real estate.

Every Market Segment the Boomers have gone through has grown as a result. When they were being born it was Baby Related product companies that grew - cribs, bottles, etc. As they aged and their requirements moved into other areas those areas also boomed. While areas they just left suffered declines.

The baby boomers will start to Retire. They will take their money Out of the stockmarket. if there aren't enough Buyers to acquire their stocks, then those buyers available will be given the opportunity to buy them at a discount - not necessarily the Boomer's stocks but those who must Pay Out the boomers. We end up back in a situation where one thing is sold for less money to pay a slightly more expensive thing - 11 stocks are sold at 9 cents to fund/replace the money paid out to the boomer who cashed in their 10 stocks for 10 cents each. And the downward spiral begins - the money is devalued and money taken out of the market to prevent further devaluation.

Also, those who Insure mortgages see their stocks decline due to the sub-prime issues. Those Funds with investments in real estate - and there are plenty - also see a devaluing of their investments as real estate takes a hit.

As the boomers are not Investing in real estate, that part of the economy slows - or slows further. Sure, other parts of the economy begin to increase - such as retirement complexes, nursing homes, pharmaceutical purchases, and so on. But for other parts the decline is noticeable and those other parts always play a Big part in economic growth.

IF those boomers do not have enough money to fund their retirement, they will be on the govt welfare - which means Increased govt spending which leads to inflation and higher taxes as an excuse. And many of those boomers will run Out of money during their retirement. That's not scaremongering, but fact. And that's a LOT of people that are suddenly Taking from the system and not putting back In to the system.

Yes, I understand the Population is larger now, there are the echo boomers and so on. But that doesn't negate that the boomers are a large number of people all doing the same things at around the same time.

So even a simple act of taking money out of the stockmarket to fund retirement could cause a run on the stocks. It's nice if everyone could just Wait It Out. But if you saw your hard earned dollars suddenly dropping in value - that $1 you invested is now only worth 80 cents, but worth even less due to inflation and rising prices - then I don't blame you for taking your money out of harms way. It's a natural reaction.

This Combination could create interesting results. Money taken out of the stock market but not put into the real estate market. Banks have money to lend but no-one wants to borrow it. Interest rates drop to encourage borrowing but still the money does nothing and remains in the bank - awaiting better times. Welcome to Japan's domestic economic issues.

Is there a way out? Can such a thing be prevented?

Yes. But there ain't no current govt willing to do it. The solution is...

Abolish Income Tax!

You cannot suck 30% - 50% of money out of people, spend it like crazy on consumables to help cause inflation, rise interest rates as an excuse to compensate for the inflation you caused (Which sucks even more money out of their pocket) and expect things to be rosey or tell people to tighten their belt.

If you allow them to Keep the money they earned, they will have money to get them through any higher interest rates imposed. They will also likely spend more. Which will FUEL the economy.

But it is highly unlikely any Govt Worker reading this will even pass-on this idea. And even more unlikely any govt will actually put it into action. Even though enacting such measures - reducing tax, small flat tax etc. - have shown to Boost an economy as well as increase Govt coffers.

After all... if people have money they have increased economic freedom and are less able to be controlled. And will clamor less for govt help - govt help is an oxymoron. Something anathema to govt.

Govt money is best spent on Infrastructure - not bailouts, consumables, etc.

That's why *I* think a recession (possibly depression) is coming. And while I do echo Sandi's sentiments about the People bringing it on themselves, nothing I write here will prevent that mindless mass herd of sheeple from taking the actions we can see them taking. They will walk themselves into oblivion and then say "someone should do something about it".

My solution: Make sure you have a nest egg not effected by stocks - the volatility of the stocks is why I do not put my own money into Retirement Stocks (we call it superannuation in Australia and once put in it cannot be touched until retirement). A small nest egg is at least 3 months of living expenses.

If you have consumer debt, pay it off as soon as you can. Then make a note to not use debt to fund lifestyle - entertainment, do dad purchases, etc.

Make sure you spend less each month than you earn.

This gives you economic control. What you do after that is... up to you. Invest in old world skill training - not university stuff, but old school. Such as truck driving, forklift driving, machinery and plant driving, construction skills not a trade (full trades take too long). Because if office jobs go there will be a LOT of people with office/clerical/degree related skills in the market. I'd rather have the skills I mentioned as it gives me more flexibility as well as quicker to acquire. But that's just me.

I don't think we'll have total economic collapse. But a recession is on the cards. Maybe a depression (which is a longer lasting recession). Will such a thing last a decade or just be harder one or two years? That depends on what steps the govt takes to allow people to have their own money.

Michael Ross
Reply With Quote
  #7  
Old January 6, 2008, 04:50 PM
bobmcalister bobmcalister is offline
Senior Member
 
Join Date: Sep 2006
Posts: 305
Default Re: The RECESSION of 08, 09, 2010, '11...not much of a limb, but I'll go out on it...

scary ...but I agree with Michael , on some points.

no income tax would free the capital to do what it 'should' do ...be re invested ...

ok...so you are one of the Boomers, gonna take your money out of the market and retire...what you gonna do with your moolah ? put it in the back yard ... and watch it depreciate ? buy real estate and rent out apartments to the unemployed ? condos in the bahamas ? (probably a better market than rentals locally )

really....what do you think these boomers are going to do ? move over seas? go to mexico ? lots of options

one thing you can count on is to put your money in the commodities that are 'required' by a nation to survive...bread, water, and oil..

sell those products that are valued in US Dollars...the dollar is kaput ...cant be salvaged...until the world markets subscribe to it again ...talk is that the oil will be valued in EUROS..to stabilize the price...

When American wake up and smell the coffe , it will ,,,,or is all ready ,,,too late...so ,, best to get on the gravy train, if you can , get all the govt business and grants available, get the cash , buy oil futures, sell treasuries, and go get some more grants ....GREEN grants ...are hot and also politically correct...

this world is on a very think ice....one bomb in the US...or Iran ...and oil is through the roof...with no alternative market products...
Ol Paul is the only one with any real solutions, but the American People do NOT want solutions, they want this to continue as evidenced by the re election of GW...

oh well...got a little off my chest, but it doesnt do any good...the MASSES of americal believe that 'They" are special and exempt to the trouble headed this way that can NOT be avoided...

thanks
bob

ps...any women in america who do NOT set up a biz as a MBE and access all those govt contracts that are set aside JUST for you are desparately in need of adult supervision...

later
GOD better bless America since the politicians in power are doing their best to destroy us....
__________________
May your days be filled with Awe and Wonder.
http://www.metal-roofing-contractors.com/blog

http://customdecksjacksonmississippi.blogspot.com/
Reply With Quote
  #8  
Old January 6, 2008, 05:07 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...

Baloney, GJA. When I stated the lawmakers...that's who the 'they' are in that paragraph+. When I say 'the people' that's who the 'they' are in that frame of reference. Just read what I actually wrote. Stop being so literal and try to follow the other person's train of thought. That's what Michael did. Try it.

No dream of people changing because I want them to...any more than smokers quit smoking or people stop eating the 'wrong' foods. Even you will surely admit that education does help people to make more informed decisions. Instead of measuring the off-gassing of cows, how about we produce some informative yet captivating videos about the realities of cause and effect and simple economic survival tactics? Most folks are interested in survival and self-preservation so why not capitalize on that?

I'll tell you why no one takes on this challenge: money is the bottom line. The name of the games big brother and others play is profits...and the consequences to others be damned. I, personally, think that's irresponsible when carried to the extremes we are seeing these days. This is where history would be valuable...to prove/show the same attitudes and actions precipitated other recessions etc to those who choose not to believe or see.

I see, I know, I am preparing for any eventuality as much as I can. I would hope that things would turn around in time but it doesn't look promising this time around. That does not mean that we should just sit back and say 'oh, well, they (people) will never learn'. That's foolish thinking. People can, and do, change their minds, do follow through appropriately when it's to their benefit to do so, and effect many other changes...but first, they need to be educated and informed.

GJA, I'm sure you know who puts the laws on the books so let's not go there. If lawmakers can only justify their exhorbitant incomes and dream-scene perks by passing unneeded laws without doing anything to correct prior poorly written or totally laughable laws, then they are to be pitied...and put out of their misery by removing them from office.

As for who is subject to 19th century thinking: the majority of the people on this earth, frankly. Not a one of us does not hold some belief that stems from earlier times. Even the belief in recessions and depressions originates in history, and currently, directly relates particularly to events in the 19th century.

As for the scaremongering and fallout. It is one thing to tell people what you think, believe, see, etc...it is quite another to run around like Chicken Little saying 'the sky is falling! the sky is falling!'. You don't yell fire in a crowded theater but it's okay to ask people to exit through this or that door in an orderly fashion without panicking everyone. See my point? Use discretion when delivering potentially (note that word) upsetting information.

As for the simple minded panic, see the paragraph above about education and people changing their minds/actions.

There's nothing wishful thinking about what I propose...not a bit of it. You see, I'm not quite as pessimistic as some folks. I say, give folks a chance to do what's in their own best interests...once they know what that is.

Sandi Bowman
Reply With Quote
  #9  
Old January 6, 2008, 06:14 PM
Phil Phil is offline
Senior Member
 
Join Date: Sep 2006
Posts: 1,857
Default Re: The RECESSION of 08, 09, 2010, '11...not much of a limb, but I'll go out on it...

I'll just play it Safe by Listening and Keeping a close Eye on things...

Quick research and reading for those interested... No secrets, just a few minutes in Google...

You can Never have too much Knowledge...

1929 & 2007 Depression Not Recession
http://www.bullnotbull.com/archive/batra-2.html

-WHAT IS A RECESSION?
Note the date... Monday, Nov. 09, 1953
And the related articles...
http://www.time.com/time/magazine/ar...819199,00.html

TALK ABOUT THE RECESSION
Monday, Apr. 28, 1958
http://www.time.com/time/magazine/ar...8444-1,00.html

Media Myth: The Recession/Depression of 2006
Hint: It Never Happened
http://www.businessandmedia.org/spec...Depression.asp

Recession? Depression? What's the difference?
http://economics.about.com/cs/busine...epressions.htm

Symptoms of an economic depression - Los Angeles Times
http://www.digg.com/business_finance...ngeles_Tim es

Recession and Depression
http://topics.marketwatch.com/Topics...nd_Depression/

Phil
Reply With Quote
  #10  
Old January 6, 2008, 06:50 PM
GordonJ's Avatar
GordonJ GordonJ is offline
Administrator
 
Join Date: Aug 2006
Location: West Palm Beach, FL
Posts: 2,712
Default The Sky IS falling, so "Chicken Little" can sell sky-proof umbrellas...

Quote:
Originally Posted by Sandi Bowman View Post
Baloney, GJA. When I stated the lawmakers...that's who the 'they' are in that paragraph+. When I say 'the people' that's who the 'they' are in that frame of reference. Just read what I actually wrote. Stop being so literal and try to follow the other person's train of thought. That's what Michael did. Try it.

I read what you wrote Sandi. Including this:
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.




Even you will surely admit that education does help people to make more informed decisions.

NO, I won't admit that. It is storied, fabled and we all know of educated people with advance degrees who make absolutely terrible decisions. They are some of the most informed people in the world. Many of them are the "lawmakers" and legislators you want to blame.


I'll tell you why no one takes on this challenge: money is the bottom line. The name of the games big brother and others play is profits...and the consequences to others be damned.

The EPA was established by big brother, not to make more profits...but to do some good. Has it?

I, personally, think that's irresponsible when carried to the extremes we are seeing these days. This is where history would be valuable...to prove/show the same attitudes and actions precipitated other recessions etc to those who choose not to believe or see.

I see, I know, I am preparing for any eventuality as much as I can. I would hope that things would turn around in time but it doesn't look promising this time around. That does not mean that we should just sit back and say 'oh, well, they (people) will never learn'. That's foolish thinking.

I'm sorry, I'm just not following you at all. Isn't yelling "FIRE" in a crowded theater appropriate when there is a fire in the theater? You have NO PATIENCE for fearmongering...and for those who will not make their own decisions...because they are not educated enough...or informed???

The POINT of my post is one of EDUCATION...it is more like showing the exits on the plane at the start of trip, rather than waiting until the plane is falling out of the sky and yelling to people...stay calm, we have emergency exits on this plane...

People can, and do, change their minds, do follow through appropriately when it's to their benefit to do so, and effect many other changes...but first, they need to be educated and informed.

GJA, I'm sure you know who puts the laws on the books so let's not go there. If lawmakers can only justify their exhorbitant incomes and dream-scene perks by passing unneeded laws without doing anything to correct prior poorly written or totally laughable laws, then they are to be pitied...and put out of their misery by removing them from office.

Isn't that what elections are for?

As for who is subject to 19th century thinking: the majority of the people on this earth, frankly. Not a one of us does not hold some belief that stems from earlier times. Even the belief in recessions and depressions originates in history, and currently, directly relates particularly to events in the 19th century.

As for the scaremongering and fallout. It is one thing to tell people what you think, believe, see, etc...it is quite another to run around like Chicken Little saying 'the sky is falling! the sky is falling!'. You don't yell fire in a crowded theater but it's okay to ask people to exit through this or that door in an orderly fashion without panicking everyone. See my point?

NO, I don't see your point. And I don't think I need a translator either, I'm just reading what you wrote.

Use discretion when delivering potentially (note that word) upsetting information.

WHY? Who is it upsetting so much that caution must be used?

Shh, don't tell anyone, but I think a recession is coming? Does that work for ya?

As for the simple minded panic, see the paragraph above about education and people changing their minds/actions.

Again, education does not necessarily translate into making better decisions, informed or otherwise.

There's nothing wishful thinking about what I propose...not a bit of it.

HERE Sandi is where I'm really confused....WHAT exactly are you proposing? I've read it several times, maybe I do need a translator...

You see, I'm not quite as pessimistic as some folks. I say, give folks a chance to do what's in their own best interests...once they know what that is.

Sandi Bowman

I'm extremely OPTIMISTIC. You want to give people a chance to do what's in their own best interest...once they know what that is...according to ????????????

I'm sorry, I don't get what you are saying. You feel that I somehow used a scaremonger approach...that we of the recession soon to be belief are yelling fire in a crowded theater...and that is a bad thing?

You want an educated and INFORMED constituency, yet on the other hand you practically call them idiots for not being able to think for themselves.

I'll try this one last time.

MAYBE it is me who needs translated...

I believe we are at the beginning stages of a very deep recession. It is time to take INFORMED action and make sure you (the readers) are not in the group that is going to get hurt.

OK? I've informed the SowPub readers. I believe they are an educated group, quite capable of understanding this...and I'm presenting opportunities that they can capitalize on.

I'm not blaming an undereducated, underinformed America-at-large NOR am I looking to politicians to change their ways....so, in response to your "Baloney" Sandi, I must say...

HOGWASH!!

Gordon Jay Alexander
Reply With Quote
Reply


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 10:22 AM.


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