Is the Economic Recession Getting You Down?
Everybody everywhere is talking about the economic recession these days. People are worried and stock market is going down. Panic is taking over.
I bought an e-book recently which talkes about the positive aspects of an economic recession. Here is an excerpt from it:
"There’s no doubt about it: The economic recession that’s raging across the United States courtesy of an absurd number of layoffs, massive quantities of homeowners defaulting on their mortgages, an inflation rate that far overpowers current adjustments to incomes and the resulting decrease in consumer spending has hit everyone hard.
As Americans struggle to pay their bills and put enough away to ensure their retirement, companies from coast to coast are taking a major hit in profits.
Somehow purchasing a new Ferrari just doesn’t look as appealing when you consider the impact that expense is going to have on your retirement account.
The bad news is that this trend doesn’t show any immediate signs of coming to an end, particularly as gas prices continue to soar. The good news is that an economic recession is not always a bad thing! In fact, if you are a savvy investor and business owner an economic
recession can actually help you.
Why?
Because there are certain things that happen during a recession that, if used correctly, can help you ensure your security and the security of your family for many years to come.
It seems as though every time you turn on the news there’s another story about a plant that’s closing, another company that’s outsourcing their labor and laying off their employees and a rapidly growing line of people standing in the unemployment office. What they don’t tell you about is the hundreds of people behind the scenes who are benefitting from this economic recession.
Why should they? Good news doesn’t make good news!
I firmly believe if we’re going to have our lives and our futures tossed like a boat in a storm courtesy of an economic recession, every man, woman and child has the right to know how to secure that future through the opportunities that are staring them right in the face.
That’s what this book is going to do!
As individuals we can’t change a single thing that’s going on “out
there”. What we can do is change the way we look at it and learn to seek out the hidden jewels of opportunity that make economic recessions a gold mine for the savvy investor.
Let’s get started, shall we?"
I want to give this book for free because I believe everybody needs it right now.
You can download it from:
Recession Survival E-book
I bought an e-book recently which talkes about the positive aspects of an economic recession. Here is an excerpt from it:
"There’s no doubt about it: The economic recession that’s raging across the United States courtesy of an absurd number of layoffs, massive quantities of homeowners defaulting on their mortgages, an inflation rate that far overpowers current adjustments to incomes and the resulting decrease in consumer spending has hit everyone hard.
As Americans struggle to pay their bills and put enough away to ensure their retirement, companies from coast to coast are taking a major hit in profits.
Somehow purchasing a new Ferrari just doesn’t look as appealing when you consider the impact that expense is going to have on your retirement account.
The bad news is that this trend doesn’t show any immediate signs of coming to an end, particularly as gas prices continue to soar. The good news is that an economic recession is not always a bad thing! In fact, if you are a savvy investor and business owner an economic
recession can actually help you.
Why?
Because there are certain things that happen during a recession that, if used correctly, can help you ensure your security and the security of your family for many years to come.
It seems as though every time you turn on the news there’s another story about a plant that’s closing, another company that’s outsourcing their labor and laying off their employees and a rapidly growing line of people standing in the unemployment office. What they don’t tell you about is the hundreds of people behind the scenes who are benefitting from this economic recession.
Why should they? Good news doesn’t make good news!
I firmly believe if we’re going to have our lives and our futures tossed like a boat in a storm courtesy of an economic recession, every man, woman and child has the right to know how to secure that future through the opportunities that are staring them right in the face.
That’s what this book is going to do!
As individuals we can’t change a single thing that’s going on “out
there”. What we can do is change the way we look at it and learn to seek out the hidden jewels of opportunity that make economic recessions a gold mine for the savvy investor.
Let’s get started, shall we?"
I want to give this book for free because I believe everybody needs it right now.
You can download it from:
Recession Survival E-book
Tags: investment, management, money, recession, survival
Replies to This Discussion
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Permalink Reply by Jim King on -
600 trillion dollars owed by the world banks, and solutions implemented in the billions.
I'm interested about how to survive the upcoming depression.
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Permalink Reply by Leutrell Osborne, Sr. on -
As a person with an inquiring mind, help me to understand please. What evidence exists that the events taking place that we are calling an economic crisis is not conceived and caused by the Government? Tell me why does the Treasury Department now plan to purchase stock (ownership) of banks as a means to solve the cash availability issue for the banks when the process worked before without "cash." Does anyone know how the banking system worked before?
With one dollar the bank could get the Treasury to back the bank to loan how much ? Thanks
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Permalink Reply by Jim King on
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Throw the old banking knowledge out the window; in the unregulated market of derivatives, the banks borrowed on 30 to 1 ratios. This is great when markets are going up, but...suicide when they come crashing down.
Big brother is just around the corner!
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Permalink Reply by Mark Trotter on -
Thank you for the interesting information.
However there is one aspect of the whole problem that seams to have been forgotten, that is where you are starting from.
Some of the projects and businesses I am working with have a fundamental problem and that is access to the level of capital required to keep them going. It is simple for service providers to with stand the impact of market downturns bt for those in retail or manufacturing who rely on a clear product chain life will continue to get more difficult.
And just as another aside banking has always been a problem because they circulate money that doesn't exist, as a social economist it has been clear that if you trade on what you don't have there will come a time when someone will hear the child state the obvious and theslide begins. With this latest crisis your readers are right it is an engineered crisis but by the banks themselves and they are now holding a gun to the heads of every saver andsaying you can't let us fail, and the stock markets are supporting them.
Surviving this is about all the things listed in the e-book, and a little more, because we now have to build close markets for products and services, loyalty and find other ways of creating wealth security. If Businesses were brave they could break international commerce in a matter of hours and create their own investment securities.
Thank you for sharing the information much appreciated
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Permalink Reply by Christopher M. Shaddock on -
Thanks for the ebook. Great article.
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Permalink Reply by Yasemin Acikgun on -
You're welcome Christopher!
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Permalink Reply by Dodo on -
There is always silver lining on every tears drop.
Just the other side of the coin, every risk brings opportunity.
That is what I believe, God never do something for nothing, unless we can take a lesson from a trouble to make us stronger and suitable for the coming situation.
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