Let’s not talk ourselves deeper in to the dark

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Let’s not talk ourselves deeper in to the dark

When do economies go into recession? When people say the will. So if Alan Greenspan, Warren Buffet et al say so then it will happen.
So the Dow goes down 5% in a day! For an index to move share sales (and therefore purchases) must take place. So someone is buying the shares. They must have a different take on where economies are going.
During the so-called world financial crisis a lot of people will be making a lot of money. These will be people who have not assumed the fetal position while at the same time having their heads in the sand.

“INGOLSTADT, Germany (Dow Jones)--Audi AG (NSU.XE) Tuesday said that 2008 net profit rose 32% year-on-year on the back of higher car sales, improved efficiency and a favorable tax regime, but the premium brand of Volkswagen AG (VOW.XE) said the auto industry's downturn will take its toll on earnings this year.
"Corrective action was taken promptly in an effort to lessen the anticipated impact of a cyclical downturn in demand on earnings" this year, Audi said in its annual report.
"Following a marked downturn in the global economy in 2009, markets will stabilize in 2010," it said.”

So while US automakers seek bail outs others move on and look ahead.
GDP figures are statistically compiled. Enough said!
Seek opportunities not the bogey man under the bed. He’s not really there.

BUT: Let's not squander a perfectly good crisis and go back to our old bad habits. Gary Borders