How To Ride Out the 'Soft Patch'

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I'm sure all throught out history there were those who saw "it" coming and then there were those who shill-shallied, and wrung their hands in indecision and dispair. Right up until the Visigoths came piling in to sack Rome, it was probably a really super place to live. And I'm sure Germans were convinced they had a really great thing going for a while, while Dur Furer was goosestepping around Europe and Africa to the tune of a new step. Nobody ever imagines that history is a roller coaster which takes us up to a euphoric economic cusp, only to plunge us into the yawning maw of total economic ruin. It's all about to end. Prepare by taking out all your retirement money and buying gas, can food and bullets. They'll be the only currency of the future.

Bingo of FL 4:54PM July 24, 2011

I agree with lance of AZ except for one thing. Government not only wants to protect itself; it wants to grow in size and power. It wants to be in every aspect of business; even if it drives all business and jobs overseas. Where is the freedom to start a business. My husband and I started one when I was only 27 years old. I would not attempt that now. One would have to have a fortune to start with in order to hire all the lawyers and bookeepers necessary to keep up with all the govervment regulations in all the intrusive government departments. Some regulation is necessary; but we have crossed over the line into too much regulation. It will kill American business and destroy jobs.

paula of TX 1:54PM July 24, 2011

I would estimate 90% of these articles on finding jobs, investing, saving and weathering this downturn are just fluff; mostly common nonsense, flatly unrealistic or just speculation on the economy. Big business and government will do what it wants to preserve itself and the average citizen is on their own.

lance of AZ 12:15PM June 30, 2011

Blah blah blah. Hmmm, if people are unemployed but "overqualified," do companies really want them to obtain even more skills and education - probably not. I'm guessing the companies want the lowest level person they can pay with the lowest skill-set (short of drooling on themselves) they can obtain. As for all those MBAs, PhDs, MAs, BSs, JDs, etc., etc., apparently they're out of luck. But corporations can still lobby for more outsourcing, more visa applications, and everything else they want while claiming they just, shockingly, can't find any qualified Americans for the jobs (with 22% real unemployment according to shadowstats, that's a wee bit unbelievable). Oh well, I guess the average American is just screwed while Wall Street and corporate boardroom run the show from DC and the other places they OWN.
As for saving money, that's tough when you don't have a job. And listening to advice from banksters - come on. Of course they want people investing and are permabulls on the market, they make money from playing (sorry, "managing") with other people's money. They forecasted good times in 1929, 1930, 1931, 1978, 1979, and on and on. They have no credibility. Type in any big bank and "fraud" into Google and count the examples. Invest now? I'll wait, thanks. Meanwhile it's off to buy canned goods and ignore the endless propaganda and lies coming from the media, DC, and elsewhere.

Jokertime of MO 2:45PM June 22, 2011