I think we're in a Recession, and I think it's going to be a long and ugly one.
Now, maybe it doesn't make sense to suggest investing in stocks while believing that we're at the beginning of a Recession.
Well, here's a premise.
I believe that we are entering at least one or two very hard years, but I can't help but believe that the best bet is on the likelihood that the international system of trade will survive.
I don't believe that all of those Asians out there are just going to lay down and starve if the US stops buying their goods. In fact, I believe that the entire World has been preparing, at least in part, for possible or partial "decoupling" from the US since around 2000.
Sunday, February 24, 2008
A premise... The Recession
Posted by Don P at 9:00 PM
Labels: General Alt-Energy, General Stocks, Speculation
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