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Old 12-29-2008, 10:04 AM
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Default Recovery vs Recession

If you go back through history you will see there is always a recession following a recovery period and the recession is approximately 1/2 of the recovery periord. We came off of the longest recovery period in history, some of it caused by unnatural financial actions by both Presidents and therefore a recession could be anticipated which we are now in. I don't agree with doing a lot to avoid it since I believe and I could be wrong that it just prolongs and causes more problems down the road. There were alot of economic theorists who had great explanations before the recession that caused a great number of people not to pull out of the market. From a logical position it made sense to get out of the market about a year ago and save ones self from losses. It did not take a rocket scientist to see the recession coming.
I don't want to get into a protracted discussion on recovery vs recession but this one persons opinion.