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Yeah, I'm getting sick of hearing the "hindsight is 20/20" line. Many people were predicting this disaster. They didn't always agree on how it would play out, but they all agreed that troubled times were right around the corner.
People put their head in their rear end and then when something happens they say "Well no way I could've known", "I don't have a crystal ball", etc.
well so far the economy is still going strong, people are out there spending and having the time of their lives. If there is a recession I cannot see it, infact it has become much busier than normal. I just can't seem to get a parking spot at any mall around here and the restaurants are packed full even on weekdays. Not sure what is going on. Also, many people are going on vacations and talking about buying houses.
well so far the economy is still going strong, people are out there spending and having the time of their lives. If there is a recession I cannot see it, infact it has become much busier than normal. I just can't seem to get a parking spot at any mall around here and the restaurants are packed full even on weekdays. Not sure what is going on. Also, many people are going on vacations and talking about buying houses.
The company I work for, a tried and true department store, will soon go belly-up because people aren't shopping anymore. Its definitely a recession. Maybe not at Wal-Mart, but the high-end stores are really feeling it.
well so far the economy is still going strong, people are out there spending and having the time of their lives. If there is a recession I cannot see it, infact it has become much busier than normal. I just can't seem to get a parking spot at any mall around here and the restaurants are packed full even on weekdays. Not sure what is going on. Also, many people are going on vacations and talking about buying houses.
The facts are contrary to your observations. Really though the number of people at a mall in no way indicates how much money they are spending at the mall.
Judging the health of an economy by the amount of cash flowing through a mall is one of the biggest problems. Cash flow is not accumulated wealth. As most is financed it is debt and debt destroys economies.
well so far the economy is still going strong, people are out there spending and having the time of their lives. If there is a recession I cannot see it, infact it has become much busier than normal. I just can't seem to get a parking spot at any mall around here and the restaurants are packed full even on weekdays. Not sure what is going on. Also, many people are going on vacations and talking about buying houses.
That is like being informed that a category 4 hurricane is about 300 miles away from the shores and heading straight towards your coast and someone says "I am at the beach and it is sunny, I don't see a hurricane coming".
well so far the economy is still going strong, people are out there spending and having the time of their lives. If there is a recession I cannot see it, infact it has become much busier than normal. I just can't seem to get a parking spot at any mall around here and the restaurants are packed full even on weekdays. Not sure what is going on. Also, many people are going on vacations and talking about buying houses.
Yeah, I'm getting sick of hearing the "hindsight is 20/20" line. Many people were predicting this disaster. They didn't always agree on how it would play out, but they all agreed that troubled times were right around the corner.
People put their head in their rear end and then when something happens they say "Well no way I could've known", "I don't have a crystal ball", etc.
Not me..I listened and took action last summer to protect my investments.
I also warned some friends and family..some took action and thanked me.
They are now believers of alternate news sites too
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