Posted on 01/28/2016 4:43:53 AM PST by expat_panama
I would put the chances of recession at 100% the day after a republican is sworn into the presidency
Just imagine what will be revealed when all the lies and manipulating of economic data that covered obama for the past 8 years - comes to an end
This inevitable economic catastrophe to me transcends “ conservatism” and the only man I see capable of keeping us together and moving toward a solution is Trump and the team he’ll assemble
Expat, thank you for your very kind reply. I am happy that you turned this around. I have had two other big battles in my life. The latest was the recession of 2007-2009. We sold some properties to hang in there with the business and have gradually stabilized 2010-2015. We turned enough cash during those years to support our family and to hopefully limp towards retirement. Got one kid through college and one still there. Facing another battle seems daunting and may cause us to lose our remaining assets. Your point about maintaining judgement is right on. Fortunately my wife has good judgement and is God sent. Additionally God has been there for me in the past.
Central, I have put personal assets to use in the past. I may do that again now knowing that it could be lost. I am also thinking of approaching a competitor to work out some kind of deal. This is very hard.
Don’t get discouraged, and keep your eyes opened, for opportunities and for ways to save money. Our generation was brought up to be resourceful. Stay strong.
Good advice Grania. I appreciate it. I’m on it but fear and discouragement are real.
Particularly with interest rates so low.
I heard that too. But then I look at that 12 ounce pound of coffee and that 5 ounce can of tuna and that 1.5 quart half gallon of ice cream or that ........
Cause in one year a new POTUS will have to start dealing with the REAL numbers.
They mention recession as a setup for the soon to be elected republican candidate. If Hill or Bern are elected, the economy will straighten out (magically) overnight.
Some small business men who claim hardship are not really personally facing hardship. It is kind of disingenuous. I am not accusing you of this but I take these “horror” stories with a grain of salt.
The modern day Kulaks for the New World Order...
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