Comments on: What This Recession Nonsense Really Means for Us http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/ A production of FiLife, a new personal-finance site that goes live later this year. Tue, 07 Oct 2008 18:38:11 +0000 http://wordpress.org/?v=2.6.2 By: jessica http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/#comment-2404 jessica Mon, 21 Jul 2008 20:50:21 +0000 http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/#comment-2404 I also disagree with the statement that our soliders are the bottom of the barrel. My husband entered the service after he got a law degree because he wanted to give back to our country and believes in our freedom. If it wasn't for men and weoman like him our biggest worry wouldn't be about a recession. You say their the bottom of the barrel now but I wonder how you would think of them if war broke out and they were the only thing standing between you and the enemy. I also disagree with the statement that our soliders are the bottom of the barrel. My husband entered the service after he got a law degree because he wanted to give back to our country and believes in our freedom. If it wasn’t for men and weoman like him our biggest worry wouldn’t be about a recession. You say their the bottom of the barrel now but I wonder how you would think of them if war broke out and they were the only thing standing between you and the enemy.

]]> By: Deborah http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/#comment-2064 Deborah Wed, 09 Jul 2008 16:08:36 +0000 http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/#comment-2064 Matt I really hate to disagree with you but our service men and women are NOT the "bottom of the barrell, dumb" people you seem to think they are. If it werent for these BRAVE people you would not be able to think the way you do because AMERICA would not be a FREE nation. 9-11 would not have stoped were it did and terrorism would run ramped through out the world. To bad you are not so brave as to stop that from happening! SGT (and proud to be) in the U.S.Army Matt
I really hate to disagree with you but our service men and women are NOT the “bottom of the barrell, dumb” people you seem to think they are. If it werent for these BRAVE people you would not be able to think the way you do because AMERICA would not be a FREE nation. 9-11 would not have stoped were it did and terrorism would run ramped through out the world. To bad you are not so brave as to stop that from happening!

SGT (and proud to be) in the U.S.Army

]]> By: Frantz, E http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/#comment-800 Frantz, E Wed, 05 Mar 2008 15:42:20 +0000 http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/#comment-800 Here is an idea! How about everyone stops spending so much money on things they really dont need. Why get a New car every year. If you have a car that runs perfectly fine and is tuned-up time to time then you should probably stick with that car. The problem with our society is that everyone is in competition for the "BEST" And that means we all spend tons of money to stay up dated with everyone else. Why Cant we al just be happy with what we have. I would bet our economy would be a heck of a lot more stable if we didnt constantly consume. Now i understand we need to to consume in order to keep business and companies open but instead of always buying the next best thing, shouldnt we take that LOOSE INCOME and invest in a chairity or something. Just A thought everyone. Here is an idea! How about everyone stops spending so much money on things they really dont need. Why get a New car every year. If you have a car that runs perfectly fine and is tuned-up time to time then you should probably stick with that car. The problem with our society is that everyone is in competition for the “BEST” And that means we all spend tons of money to stay up dated with everyone else. Why Cant we al just be happy with what we have. I would bet our economy would be a heck of a lot more stable if we didnt constantly consume. Now i understand we need to to consume in order to keep business and companies open but instead of always buying the next best thing, shouldnt we take that LOOSE INCOME and invest in a chairity or something. Just A thought everyone.

]]> By: Raina http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/#comment-757 Raina Tue, 19 Feb 2008 04:38:33 +0000 http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/#comment-757 Geordie you hit it right on the head! The reason we are in or at least nearing a recession is due to the decreased amount of spending. True, you shouldnt jump in head first and blow all of your money, but being scared and saving your money will only make your fears of a poor economic future a reality. Im still in college but from what I remember in macro- economics thats about the jist of it. Geordie you hit it right on the head! The reason we are in or at least nearing a recession is due to the decreased amount of spending. True, you shouldnt jump in head first and blow all of your money, but being scared and saving your money will only make your fears of a poor economic future a reality. Im still in college but from what I remember in macro- economics thats about the jist of it.

]]> By: Kurt http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/#comment-740 Kurt Wed, 13 Feb 2008 00:59:58 +0000 http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/#comment-740 This sounds remarkably like a much better article on today's subprime crisis already posted on Digg and available here: http://businessshrink.biz/psychologyofbusiness/2008/01/29/the-great-sub-prime-misdirect-an-insider-view-on-the-crisis/ This sounds remarkably like a much better article on today’s subprime crisis already posted on Digg and available here:
http://businessshrink.biz/psychologyofbusiness/2008/01/29/the-great-sub-prime-misdirect-an-insider-view-on-the-crisis/

]]> By: Dan http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/#comment-732 Dan Sat, 09 Feb 2008 13:46:44 +0000 http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/#comment-732 Buy commodities stocks like RJA and DBA. They track the price of food. When all hell breaks loose and prices go through the roof at least you might have some protection. You should also have some gold and/or gold stocks like GLD and GDX. Gold typically goes up when the US dollar goes down. Buy commodities stocks like RJA and DBA. They track the price of food. When all hell breaks loose and prices go through the roof at least you might have some protection. You should also have some gold and/or gold stocks like GLD and GDX. Gold typically goes up when the US dollar goes down.

]]> By: Mike http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/#comment-729 Mike Fri, 08 Feb 2008 22:40:19 +0000 http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/#comment-729 The point is this: The economy is taking a nose dive, so we can either stay listen to the band as it plays on, or jump ship, figuratively speaking. If you decide to spend your money now, well, you'll have less money then when you're going to need it later. And you are going to need it! If you're into stocks, you're going to lose that too, unfortunately because the simple fact is that we are so seriously in debt as a nation that we can't even pay back the interest (much less the principle) on the money other countries, like China, have been loaning to us. Our debt is increasing exponentially by the second because the base keeps getting bigger. It's the same reason why human population is growing so much quicker now than it was just a few decades ago. A little over a century ago we only had a billion people on the earth. It took a couple of million years to reach that number. Now we're pushing towards 7 billion in just the last 100 years. Because the base keeps getting bigger to add to the increase. That's exactly whats happening to the national debt. It's expanded beyond control and the only way we can conduct our day to day lives now is to print more money and go further into debt. That's just simple economics! The point is this: The economy is taking a nose dive, so we can either stay listen to the band as it plays on, or jump ship, figuratively speaking. If you decide to spend your money now, well, you’ll have less money then when you’re going to need it later. And you are going to need it! If you’re into stocks, you’re going to lose that too, unfortunately because the simple fact is that we are so seriously in debt as a nation that we can’t even pay back the interest (much less the principle) on the money other countries, like China, have been loaning to us. Our debt is increasing exponentially by the second because the base keeps getting bigger. It’s the same reason why human population is growing so much quicker now than it was just a few decades ago. A little over a century ago we only had a billion people on the earth. It took a couple of million years to reach that number. Now we’re pushing towards 7 billion in just the last 100 years. Because the base keeps getting bigger to add to the increase. That’s exactly whats happening to the national debt. It’s expanded beyond control and the only way we can conduct our day to day lives now is to print more money and go further into debt. That’s just simple economics!

]]> By: Jeff http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/#comment-727 Jeff Fri, 08 Feb 2008 21:50:23 +0000 http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/#comment-727 Saving actually puts more money into the economy. Banks have more deposits from which to lend. Payments are more likely because savings levels are up to prevent as many defaults. Invested money goes into corporations which in turn develop new products/services/jobs. Spending helps too. Saving never hurt the economy. Saving actually puts more money into the economy. Banks have more deposits from which to lend. Payments are more likely because savings levels are up to prevent as many defaults. Invested money goes into corporations which in turn develop new products/services/jobs. Spending helps too. Saving never hurt the economy.

]]> By: Jay http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/#comment-726 Jay Fri, 08 Feb 2008 20:33:14 +0000 http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/#comment-726 Here's another solution....have an economy that actually produces something tangible....that your country will deserve better than recession. Here’s another solution….have an economy that actually produces something tangible….that your country will deserve better than recession.

]]> By: Chris S http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/#comment-725 Chris S Fri, 08 Feb 2008 19:32:37 +0000 http://blog.filife.com/what-this-recession-nonsense-really-means-for-us/#comment-725 A minor quibble with the article: The boss always gets paid, because he just fires people if it looks like he isn't going to get his six figure bonus check this year, and the guy that runs the show always gets a 6 figure bonus check. A minor quibble with the article: The boss always gets paid, because he just fires people if it looks like he isn’t going to get his six figure bonus check this year, and the guy that runs the show always gets a 6 figure bonus check.

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