The Economy Thread

[sgreger1]

This is exactly what will happen. I've taken enough econ classes to have graduated with it as my major now, and if there is anything that I have learned out of all those god damn equations and theories, it is that the economy will always fix itself. It is always self-correcting, whether it is 6 months from now or 6 years.



And we have a winner! Couldn't have said it better myself.

The economy will fix itself simply because people want to make money, therefore people will continue trading goods and services and eventually it will pick back up. And furthermore, this is all part of a cycle. It has always been my theory that those with enough money to play create these peaks and troughs in our economy, allowing them to buy when everything is low right after a recession and then sell it high when the economy is doing great.

Recession does not mean bad, it only means bad if you are in debt or unprepared. For those who had a little bit of savings, they are buying up all of these cheap houses and are now in the landlord business. There is RECORD profits being made durign this recession, so money is moving and wealth is being created, it just isn't moving as much on the street level. Most of the money is still tied up at the higher levels where banks and large corporate enetities are holding onto capital with hopes that they can sit on the sidelines and ride this out.

Furthermore, companies realized they could trim the fat and still be profitable, so they laid off a bunch of people and I don't think those jobs will be coming back soon since the companies are doing fine without them. We just had a big meeting witht he president of our company and that is pretty much her take on it, she said we are in a new economy, a new order (she actually said new world order lol) where companies will be running with a much thinner payroll than they have been for the last 20 years. I hope that's not true but I think it might be.

[sgreger1]

The economy will also see a lot of improvement once we end these wars. We spend 2 billion a week and have no goal.

Afghanistan is the place where empires come to die. We have been there for 10 years and the whole country unfolded. The terrorists may win, they managed to suck us into afghanistan and iraq where we slowly bankrupt ourselves.

I just wish people were still vocal about these wars. People are less inclined/motivated to say bad things about Obama, it's no like Bush where it was "cool" to oppose the president and the wars. I think that his popularity has hurt the anti-war effort because a lot of the anti-war people have quieted down since their guy is in charge and they don't want to destroy him like they did Bush.

[precious007]

We just had a big meeting witht he president of our company and that is pretty much her take on it, she said we are in a new economy, a new order (she actually said new world order lol) where companies will be running with a much thinner payroll than they have been for the last 20 years. I hope that's not true but I think it might be.

lol

this one's funny

but true ;-)