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I have seen a lot of posts lately from people who aren't worried about the economy. I am VERY worried about it personally, and I am curious WHY some people don't think it will be a big deal.<br><br>
PLEASE if you aren't worried about the economy will you explain why? Because I would really like to hear some reasons to NOT be freaking out right now. It seems like most people are saying the sky is falling!!.<br><br>
TIA!!!
 

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I think were in for a tough couple of years. I could have sworn I read something on some astrology thread posted by Tracy a few years ago that said the US was facing a big comeuppance around 2008 or 2009. I'll have to go searching for it.<br><br>
OK... this is basically it... <a href="http://www.vanityfair.com/culture/features/2006/12/lutin200612" target="_blank">http://www.vanityfair.com/culture/fe...12/lutin200612</a><br><br><div style="margin:20px;margin-top:5px;">
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<table border="0" cellpadding="6" cellspacing="0" width="99%"><tr><td class="alt2" style="border:1px inset;">Fortunately, something else will be going on at the same time. While Pluto is in Capricorn, Uranus will be leaving the sign of Pisces and reaching the end of the Zodiac, and sometime between 2009 and 2011 the dam is going to break. The last time this happened was at the end of the 1920s. When Uranus comes to the last degrees of Pisces, it will spell the end of an era. People will figure, "Aw, the hell with it. The end is coming anyway, so give me a double martini."</td>
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I do think that long-term we'll be fine. IF I had extra $$$, I'd actually be buying stocks in the near future (I don't think we've hit bottom yet). There are some good values to be had, and I have 20+ years until retirement.
 

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I'm with you. I've gotten less sleep lately because I've been worrying about it.
 

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Yep.. I've been expecting this for many years now but it still doesn't make it any easier to stomach. I've had to make a concerted effort to fixate less on the news because I was getting stress headaches.<br><br>
Things are changing in a big way and nothing will ever be the same again.
 

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Everything is cyclical, we couldn't be on an upswing forever. I really hope we learn how to prevent this mess in the future. I don't think this is The End, but the hell we're in now is going to take a while to get out of.
 

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No, at least not in the foreseeable future. Eventually, I think things will all work out, but I do believe that the rules for the way we do business here at home and globally will be completely rewritten.
 

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I'm a historian. I'm specifically a historian who deals with time scales near 1000 years or so, so I can't stop myself from taking the long view. I think things are going to be rough for a little while, but nothing lasts. Good times, bad times- everything passes away. It's how the world is.<br><br>
I'm also scraping up money to put into the market, by the way.
 

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Because we have had 13 recessions (which technically still has not happened yet this time) and then 13 economic expansions over the last 100 years. It is cyclical as it should be. Is this one worse tha the late 80's and 2000, yes it likely will be, however it will settle down.
 

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It's not that I'm not worried so much as it is that I think a lot of the talk among people who are worried crosses over into a little overly apocalyptic territory. So I would say I'm not worried to that degree.
 

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I AM freaked out... but I do know in the long term things will work out. I guess I'm worried more on the short term - how am I going to feed/clothe/house my children in the next few years if TSHTF? Kwim?<br><br>
so all you long term view people... what are your thoughts on the shorter term?
 

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Yeah, I think things are going to get real tight for a lot of people, and there is going to be some forced simplicity - which I think is a rather good thing, to be honest - but I'm not envisioning riots and the entire society collapsing or anything.<br><br>
DH and I are pretty resourceful people so I know if it does hit the fan, we'll be able to figure things out and be OK. We're both pretty good in a crisis, and have talked about things we would do if things get bad...but we're not in disaster mode as of now.
 

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<a href="http://www.mothering.com/discussions/showthread.php?t=981465" target="_blank">http://www.mothering.com/discussions...d.php?t=981465</a>
 

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<div style="margin:20px;margin-top:5px;">
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<table border="0" cellpadding="6" cellspacing="0" width="99%"><tr><td class="alt2" style="border:1px inset;">
<div>Originally Posted by <strong>blazer</strong> <a href="/community/forum/post/12367444"><img alt="View Post" class="inlineimg" src="/community/img/forum/go_quote.gif" style="border:0px solid;"></a></div>
<div style="font-style:italic;">Because we have had 13 recessions (which technically still has not happened yet this time) and then 13 economic expansions over the last 100 years. It is cyclical as it should be. Is this one worse tha the late 80's and 2000, yes it likely will be, however it will settle down.</div>
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Thanks for posting that. I always want to mention that recessions are normal, but I don't know enough about it to be able to back it up and not sound like an idiot. <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/lol.gif" style="border:0px solid;" title="lol"><br><br>
I'm not worried. I'm thinking it's not going to be that bad. Yeah, things may get a little worse, but I don't think it'll be anything to the point of needing to grow your own everything and rely solely on bartering and needing your personal water supply.<br><br>
When people think about the Great Depression they think about Hooverville's and being homeless and hungry. And sure, things may get tight for a while. But we have social programs now that weren't around then to help out.<br><br>
Just out of curiosity... how long do you all think it's going to take the economy to bounce back?
 

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Yes, someday. But I think it will get worse before it gets better.
 

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I figure eventually it will come back, sure. Unless armageddon happens first, in which case the economy as we know it may never come back. <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/smile.gif" style="border:0px solid;" title="smile"><br><br>
I've been listening to Marketplace on NPR lately, and they've talked about some of the issues around this, and the feeling I get is that if the government sits on its hand and does nothing, that is worse. They interviewed a man from Japan talking about the recession in Japan and that he thinks it's good our government is actively trying to help, and another historian saying what made the Great Depression so bad was the government's response after a fairly typical bubble and stock market crash. The government tightened up the control of money and made things worse in doing so. I think things will be worse for people before they are better, and I think there are some subsets of the global population that will suffer far worse than others, but I do think the economy will improve eventually. And, hopefully, no, it won't really be like it was before.
 

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No. Not for a long time. And this has been a long time coming. At this point I think all be can do is stock up, ground ourselves and just prepare.
 

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everyone... calm... the freak........ DOOOOWN! I would insert little buggy eyes here if I felt like looking through the list of smilies.<br><br>
Find a few bucks you're not affraid to loose, $10, $20, $100, whatever, throw it into a stock that sounds interesting to you and forget about it. Go about life as if you were still happy... because well, you still can be! One of the things that drags us down even farther is when everyone freaks out and hides. Then no one is buying goods and taking care of their fellow man aside from those in their family. Personally it does make me a bit peeved when people spread the word of, stock pile, rip your money from the banks, and hide in a hole. That is exactly what will ruin us! So why am I NOT paniced? Because I am one of those people that understnads that my survival in this country relies on a balance between smart spending/saving/investing with some frugalty and everyone else doing the same. Self sufficiency is great but, again if we all do it to an extreme all at once look what happens to all of those jobs we're so worried about? They get canned! Then we have even less!<br><br>
Reguradless of what got us in this situation we're all going to be collectivly responsible for what happens now. If we decide to sell our homes when we could still afford to pay our mortgages and rent for cheaper (if thats even possible) we further worsen the housing market... and by A LOT. If we all stop buying gas to make a point, the same. If we quit buying from department stores, regular ol' grocery stores, etc... we're agian screwing ourselves over. Sure, use coupons, grow some stuff in yoru garden, drive less, etc... but, stimulate the economy people!<br><br>
My dh has a job that relies on people buying things... not just a trickle down effect... but, he actually sells the product straight to the customer. If people stop buying, jobs like his start to go away, so I'd be really happy if people that are capeable without hurting themselves financially would keep buying and stop trying to make points to the gov (or whoever they THINK they are making a point to) and get over their nerves about where they hypothetically COULD be in 5 years and buy now while they need the product and have stable income to buy it.<br><br>
if you're have a rough time financially then just do what you can. Everyone's situation is different. Everyone has a different budget. Sometimes we can't do anything but the bare minimum and sometimes even that is hard... believe me, I KNOW. But, when we have our ducks in a relitive row we need to get out there and help everyone else by being positive and yes, spending some money.<br><br>
Most important, have a positive outlook and try your very hardest not to let worry over the country's existance interrupt your day. Walk with your head up and a plesant look on yoru face and after awhile you just might start to feel better. When we feel better, we do better. Yah, crap happens sometimes, we all know that but, maybe instead of pointing that out by making a stupid saying out of it we need to make a saying for the more common occurance... the GOOD! How about, "good will find when we give it the time!"<br><br>
Yeah money! Lets all make, get, find, earn, win, money... then save some for ourselves and our family and spend the rest for everyone else! you may shake your head or roll your eyes and say, "yah easier said than done." But, thats the kind of action/thought that fills up all of your personal space with negitivity so the positive stuff doesn't have room to breathe.<br><br>
Preparing for shortcoming is smart and everyone should always do it reguardless of the state of the country. In the extreme, basing your life around how you might fair if the world collapsed is just asking for it to happen and taking any and all of your good intention away from a personal or global solution. Learning how to become totally seperated from industry, politics, foreign or domestic goods, etc is only going to bury you and drag your neighbor down with you.<br><br>
It's gonna be ok! lets treat it as such with some proactive actions and a level head. GO TEAM! (ok, I know, that last one was pretty lame)
 

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hmmmm.... well, dubfam, I think you got your answer FondestBianca.<br>
I view things a bit more skeptically. And I think it would be better if the US started to develop an economy not so consumption based. Like now.<br>
Intellectual capital, baby. Not <i>things</i> that rot, spoil, decompose, degenerate. And need to be replaced.<br><br><div style="margin:20px;margin-top:5px;">
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<table border="0" cellpadding="6" cellspacing="0" width="99%"><tr><td class="alt2" style="border:1px inset;">
<div>Originally Posted by <strong>grniys</strong> <a href="/community/forum/post/12367628"><img alt="View Post" class="inlineimg" src="/community/img/forum/go_quote.gif" style="border:0px solid;"></a></div>
<div style="font-style:italic;">Just out of curiosity... how long do you all think it's going to take the economy to bounce back?</div>
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uhmmm.... (lick finger, hold to sky).... ok, my non-expert vote is a few years. Though arguably, Japan has yet to fully recover from theirs.... now going on 20 years.
 
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