jmcquown wrote:
> Amy Ellis wrote:
>> It won't be a recession, it will be a DEPRESSION and many, including
>> you and I, will die because of it.
>>
> Where do these crossposting loser trolls come from?!! My grandparents
> and parents weathered the great depression quite well, thanks. No one
> starved to death. Just added another troll to the k/f.
>
> Jill

Yep. There have been 10 "Bear Markets" (Recessions) since the "Great
Depression". The best way to prepare for them is to learn to live within
your means, keeping your use of credit to a minimum. Not a complicated
sort of thing, all around.

This most recent trouble happened because Fannie Mae and Freddie Mac
continued doing exactly what they were designed to do: Make mortgage
loans to bad risk borrowers. They eventually held more than half of all
mortgages in America. When the pool of cash ran out, they crashed.
That's being bailed out with our tax dollars...

Right now, the stock market is dropping because people are selling out
because the market is dropping... The screaming and panic will end
eventually, and stock prices will be artificially dirt cheap for a
while. A good time to invest.

In the meantime, isn't is good to know how to prepare an inexpensive meal?