The Recession Is Coming, The Recession Is Coming

For the next X minutes, where X equals the number of minutes you take to finish reading plus the number of minutes of the after effect, you're likely going to hate me. A few people and financial companies believe the US Economy is in a recession. I agree. We are in a recession. A few people think the recession is coming. The government has not official state we are in a recession. I’m looking forward to the recession. Now, you may begin to hate me :-/

Why am I looking forward to the recession? The reason is the economy needs to take a breathier. The economy needs to take a break. The economy has been in a state of uncertainty for a long time. The recession opens the opportunity for the economy and for many people’s lives to stop, to think, and to make new choices when the economy recovers. The recession gives the economy the needed direction sense missing since the dot com era.

Another reason I’m looking forward to the recession is a reality check. It’s the time for people and companies to get out of something they shouldn’t belong. For example, the housing market. If anyone purchased a house and thought they received a great mortgage with subprime interest rates and now can’t afford the monthly payments, then unfortunately, it’s time to move out. Sorry. The recession weeds out homeowners who made a bad choice. The housing bubble is going to burst. Another example is investing in the stock market. Anyone who uses stock trading software which tells the user what to buy, what to sell, when to buy, and when to sell are not stock investors. They are day traders. Day traders have no influence in the stock markets. The major influencers are the money managers and big financial companies with mutual funds.

I work full time. In my company, there are policies and requests to lower costs. My department has been making cuts and plan to make more cuts. I can work 12 hours a day and my smart work ethic have no effect on my job security if a senior executive says my department is now longer needed—the company can’t afford you and your department anymore. If I still have my job, I still have my job. If I get laid off, I get laid off, and it’s an opportunity, a reality check, to think about my current life and to think of new choices and create action for the next economy recovery. Whatever happens, happens.

Now do you still hate me? Control what you can control and don’t control what you can’t control.