Recessions for Dummies

Just in case you were wondering…

  1. People ain’t buying stuff because they are afraid they will lose their jobs.
  2. Companies are cutting back because people ain’t buying stuff.
  3. People are losing their jobs because companies are cutting back.
  4. Lather, rinse and repeat.

I blame the Media for talking about “recession” before it happened (if it actually has). This is the financial equivalent of shouting “FIRE!” in a crowded movie house. The fact that it happened on the cusp of an election makes it doubly suspicious.

Now Reading “The Completed Autobiography of Benjamin Franklin” by Mark Skousen

Post a comment or leave a trackback: Trackback URL.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: