Quote:
Originally Posted by Undertoad
When apples are popular, sell apples; when pessimism is popular, sell doom.
As we have well noted here, recession is inevitable. Predicting recession is no more interesting than predicting the Summer.
The last round of economists predicting doom happened after Enron and the Andersen accounting scandals. Those predictions were followed by a boom. Go figure.
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Yea, I don't buy it either. We should focus on our own situations and be sure to get our personal finances in order and the majority of us will come out just fine. Start by reducing your revolving credit and paying off bills.