Some economist are even comparing this time a babystage for depression. It is very scary not only if you have investments but for everyone, we would all be affected from food pricing, mortgage interest rates, etc. Trying to be debt free is the best option. Would see what happens...:(
It looks like the same dimensions of the 1929 Depression.....look this
Some economist are even comparing this time a babystage for depression. It is very scary not only if you have investments but for everyone, we would all be affected from food pricing, mortgage interest rates, etc. Trying to be debt free is the best option. Would see what happens...:(
suze orman actually said ..gold is good to invest.
Probably the best thing to do is not to buy anything unless you really need it and try and pay off any debt as quickly as possible. I invested in some funds..nothing aggessive ..but I think I'm still going to call my advisor lol
I have been reading here and there on regards the economical/financial mess going on, and not just in the US seems that is globally. Looks like thew car industriy manufacturing industry, construction industry are just about to collapse. It looks like a big recesion is just about to happen and massive job losses are unavoidable.
Do you have a plan to face this mess ???
i don't understand why canada (harper) is in denial about the (soon to happen) global recession. Who is he kidding?! he insists that the canadian economy is strong.
Exactly....I looked to my pension plan this morning and MAN! ..all but all the return rates are Negative...all of them there is not one positive...
I have been reading here and there on regards the economical/financial mess going on, and not just in the US seems that is globally. Looks like thew car industriy manufacturing industry, construction industry are just about to collapse. It looks like a big recesion is just about to happen and massive job losses are unavoidable.
Do you have a plan to face this mess ???
i don't understand why canada (harper) is in denial about the (soon to happen) global recession. Who is he kidding?! he insists that the canadian economy is strong.
I have faith in gold. I think that's where everyone with a little scepticism in the market, will go to. And I think it's still underpriced, despite it sky rocketed in the last few years. Then again, I'm no expert
Where I work we manage comodities...and sugar baby..it's the new gold...
I have faith in gold. I think that's where everyone with a little scepticism in the market, will go to. And I think it's still underpriced, despite it sky rocketed in the last few years. Then again, I'm no expert
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I'm not so sure it will be so catastrophic, but just in case... The only plan I have is to stay out of debt. No long term loan commitments, etc. To cut down my overhead My car lease end, is coming up. I'll probably downsize to a good used car. I always ponder upon upgrading to a bigger home. I'll probably do later rather than sooner, and if I do, it would be something just slightly more expensive, that I know I could afford in the worst case scenario... or wait for market to crash a little (if it does), and buy then. That's about it. Not much else I can do.
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The opinions expressed by this poster should always be considered offensive to Guadalupipi.
I have been reading here and there on regards the economical/financial mess going on, and not just in the US seems that is globally. Looks like thew car industriy manufacturing industry, construction industry are just about to collapse. It looks like a big recesion is just about to happen and massive job losses are unavoidable.