“We have nothing to fear but fear itself.” – John F. Kennedy
While it’s true this is not a “mental recession” as it was called a while back, your actions will decide the future of the American economy. There can only be two possible results from this economic problems..
- Americans get scared, they take their money out of the bank, they stop spending and start saving. This will cause prices to go up and jobs to be lost. Surely a real recession will follow.
- Americans start spending money again and get confident with the market. The economy picks up again.
Believe it or not, the only way to get money back is to give it up in the first place. But we all need to do this. If you spend money at somebody’s business, they’ll get paid and perhaps spend that money where you work at.
The biggest obstacle is not the housing market or gas prices, it’s FEAR.
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