Things are not looking all that hot today.
- Gold, oil rocket to record highs
- Canada's economy stalls
- U.S. auto sales slide in February
- Buffett sees U.S. recession now
I don't know about you, I think we are in for a serious economic slow down. Everyone claims we will be ok because of other countries buying our resources. Unfortunately the US is still our largest customer by a long shot.
Get out of debt, inflation is on the rise and higher interest rates are around the corner.
4 comments:
Totally agree. It's going to be VERY ugly. "The bigger they are, they harder they fall" is apropo for this crazy market.
Exactly........Keep some cash on hand and buy at the bottom. The true bottom, not the bottom the Investment Bankers are telling you.
Start setting up multiple streams of income to avoid the recession. Check out an article that is posted on http://machinistmate.blogspot.com or http://theseaport.blogspot.com.
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