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 keep it 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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10 Responses to Javelin Marketing: Financial Crisis is Not Temporary

  1. High yield savings

    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.

  2. scotsman

    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

  3. AllMaritime

    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.

  4. albuquerque web design

    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.

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  6. webhotel

    As far as my knowledge is concern the recession will continue for next few years, in the mean while many businesses will shift to online markets and things will go on thanks for sharing the information with us!

  7. advice on debt

    The financial crisis has affected quite a few of the major economic countries but there is still trading and economic trading so if the countries in debt then it’s in debt and just has to trade and work hard to sort itself out and sort the economy to break even which won’t happen for a few years but least there’s progress than last year.

  8. Brandon

    I completely agree that this is not going to turn around any time soon. The new saying is “the new normal” where you may have to look for a return of capital as opposed to a return on capital.

  9. gino @ Kerala Holidays

    Yes, Financial crisis is not temporary. I think now our economy is moving out from crisis.It is a good start, if everyone one act accordingly in this situation surely we can move out.

  10. Nursing Assistant

    I don’t know why its called crisis. I call it normalization. The environment of the 1990s and early 2000 was an abnormality of excess credit. Now things are simply getting back to normal.

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