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Recession?

Name: Anonymous 2008-04-01 15:47

What recession?

Name: Anonymous 2008-04-02 14:07

Of course there will be a recession, it's part of the natural business cycle and nothing can avoid it. Government spending during a period of recession only delays it and makes it worse when it hits. All this "OMG THE SKY IS FALLING WE'RE ALL GOING TO DIE" faggotry is retarded, for a start sectors of the economy have their own business cycles meaning in one decade you can experience a rapid growth in chemical engineering due to some new technology or new markets followed by the new businesses and expansions being put to the test, all the while the poultry industry wouldn't notice at all except perhaps small fluctuations in the price of preservatives for their chicken feed. Secondly businesses prepare for recessions by storing stock and saving, for example a car manufacturer will over-produce when equity is high then decrease the cost of their cars during a recession knowing it is the only way to make sales. Thirdly businesses which produce the essentials we all need never lose business, recessions at worst entail a reduction in luxury/convenient goods. Fourthly recessions promote entrepeneurial spirit, people can lose everything and thus become pathologically desperate to find a new way to make money, thus recessions in fact prepare a pool of resourceful people who are likely to generate an economic boom once the bust is over. Fifthly, if you can succesfully predict a recession you can take many measures to take advantage of the future economic environment and with much less competition compared to those accustomed to a fast growing economic environment, many disadvantaged uneducated people can get rich this way.

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