Javelin Marketing: Financial Crisis is Not Temporary
by admin ~ November 21st, 2008. Filed under: financial crisis.This financial crisis will not have your portfolio or 401k bounce back in a couple years. This is a permanent transition to a lower standard of living for America,s. Our government has been borrowing money for years to keepit afloat (China now holds 10% of US debt) as have individuals been borrowing against their home and credit cards to enjoy what they have not earned. Game over.
The new reality is explained in our article on the financial crisis.
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March 8th, 2009 at 3:28 am
The goverment wanted people to borrow so they would buy more and the economy would grow. I could never figure out how they thought people could borrow more and more every year and buy more and more when wages never went up and home prices did.
High yield savingss last blog post..Best high yield certificate of deposit rates.
June 10th, 2009 at 12:58 pm
Hehe. Interesting! Like your little blog.
The way i see it is, keep your head (mind) out of the recession, dont follow every body’s mind set and you will be fine. This planet is full of opportunity and abundance. Don’t think otherwise!
Nice 1 buddy. To everyones success.
Scotty
August 8th, 2009 at 8:22 pm
This financial crisis is somethink which return everyday the mankind abuses of money more than can earn. The real crisis will come when all types of fuel will dissapear and not just the fuels but also the goods that this Planet give us.
November 24th, 2009 at 1:48 pm
Financial crisis means a situation in which the supply of money is outpaced by the demand for money.Ya agree with you that financial crisis is not temporary.Thanks for your awesome post.
January 6th, 2010 at 2:10 am
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