Hi and welcome to the Recession Whackers Blog!
Okay. So we’ve been all hearing about that word: recession. It’s spawned a spate of loads of new economic doublespeak. Words like ‘economic downturn’. Negative growth. Billions, no wait - trillions of dollars in ‘bailouts’. And we’ve read about smug executives putting those bailouts to good use by enjoying extra pay packages and extended vacations at company expense. It’s all in the name of stimulating the economy. I suppose it’s stimulating someone, somewhere.
Prices keep going up; oil was down, but it’s going up again; invest in gold, don’t invest in gold; we’re on the road to recovery, then we aren’t. Layoffs. Cutbacks. Pink slips (and we’re not talking about ladies’ underwear either). Some despair, while others grin and bear it. And now our money is getting devalued due to the extra ‘stimulus’ packages aided by unabashed, unrestrained currency printing by the Federal Reserve. That means that pension you might have been saving up for is suddenly worth less now. Your assets are suddenly tanking in value. And everyone is going to need more money to buy the same old things. We hear terms like hyperinflation and dictionary printing goes into overdrive. Are we looking at a rehash of the Weimar Republic that took place in Germany after World War 2? That was way before I was born, of course, and way before I even entered a figment of someone’s creative thought processes. In case you were in the same stage at the time, that was when the Deutsche Mark lost value so severely that they had to carry baskets of currency to buy a loaf of bread.
Anyhow, let’s leave the economic analysis to those who do it best, and let’s get on to how it applies to us. So one might ask, as the normal Joe Blow on the street, how does it affect you and me? And how does one ride the wave of recession?
A few years back, about 8 months after the great Asian tsunami, my wife and I visited Phuket, Thailand. Reconstruction was underway, but there were still harrowing memories and testimonials of close calls. One story that really cheered me was a heartening account of two Scandinavian diehard surfers (no puns intended, I really mean that) at sea, who saw this huge wave coming at them and amazingly rode the wave. Before they knew it, they were hurtling through the air at 600 kph. They rode for more than a kilometer, way over Patong Beach, past the famous beachfront with all those restaurants, and the wave deposited them safely on the street behind, where they alighted from their magic carpet ride amidst cheers of onlookers.
Well, that’s a story of riding the wave if I ever heard one. So let’s now talk about 'recession whacking'. (Now there’s a term. Where are the printers gone?) This is exactly what we mean: recession whacking – as in when you beat the recession to win victory.
The purpose of this blog is just that: talk about victory over recession. We’re hearing enough gloom and doom. Let’s hear some stories of people who are riding the wave. Let’s talk about some ideas to beat the recession – practical ideas that work, ways to come out on top.
Learn more about the best ideas to make money online here!
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