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The Recession Is Over!
The recession is over and has been for some time. It really wasn’t that big of a deal. Shit happens, right? But the caucaphony of modern media blows things out of proportion. Remember Terry Shiavo? Did that really matter? Nope, but it got a lot of press.
The democrats are angry and riled up at CEOs. The republicans are angry and riled up at government spending. They’re both wrong, but they’re both getting a lot of press.
But the recession is over. Did you see last week? Stocks CAN go up. That was a sign. You see JPMorgan Chase? They’re buying jets. They’re ready to put this behind us.
Yeah, AIG is fucked, but the sky has stopped falling. A few more businesses will fall, a couple more people will lose their jobs, but the whole thing was really a media-fueled overreaction.
You probably lost some money, unless you’re young and had few assets. If you can scrape some dough together, it’s a great time to buy stocks. We’re past the bottom, but it’s still a good time to buy.