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~ The bursting of the real estate bubble!
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~ The discounting of the dollar!
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~ The slide of the stock market!
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~ The contraction of consumer spending!
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~ The sky is falling, the sky is falling!
Remember, it’s an election year. The candidates have to point to whatever they can that promotes their positions and detracts from those of their opponents. Remember, also, that the media has to talk about and write about the most dramatic topics they can uncover to gain your attention and sell their products. Remember, also, that the turbulence and turmoil that surrounds these prophets of doom is mostly their own creation and not a reflection of what’s really happening.
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~ 93% of mortgages are being paid on time and according to the terms of the loan.
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~ Housing prices are declining more slowly than they increased in many areas, so most homeowners are still retaining equity they had previously gained and are not finding themselves “upside-down.”
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~ The discounted dollar is stimulating the purchase and export of American goods and services overseas and thereby creating jobs for American workers.
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~ The stock market is contracting and creating underpriced equities that will appreciate rapidly as the market rebounds.
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~ Consumers are saving more and spending less.
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~ Tides come and tides go – the sky remains where it is.
Economies are and always have been cyclical. Do not allow the merchants of misinformation and their sidekicks, the snake oil sales reps of Wall Street, to mislead you into thinking that the end is near. If your personal economy is suffering because of the outgoing tide, that means your individual money practices aren’t working properly. It’s probably time for you to reconsider how you save, spend and invest. Folks who follow the practices that are described and discussed in Money for Life are not seriously concerned about the tides. They have solid foundations and sturdy frameworks for their financial structures. They do not suffer the “arrows of outrageous fortune” like those who follow The Debt Paradigm.
IT’S TIME! DISCOVER A BETTER WAY –> www.TheMoneyForLifeBook.com
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Satisfaction Survey results and commentary tomorrow. Tune in and be amazed at what your fellow Americans think and feel about their personal economies.
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March 3, 2008 at 8:29 pm |
[...] Best offer insurance wrote an interesting post today onHere’s a quick excerpt ~ The bursting of the real estate bubble! ~ The discounting of the dollar! ~ The slide of the stock market! ~ The contraction of consumer spending! ~ The sky is falling, the sky is falling! Remember, it’s an election year. The candidates have to point to whatever they can that promotes their positions and detracts from those of their opponents. Remember, also, that the media has to talk about and write about the most dramatic topics they can uncover to gain your attention and sell [...]