A second down turn

[rainforests1]

China and Canada have housing bubbles that may pop very soon. It is unknown what effects this will have on the world economy. Financially are you prepared for the possibility of a second economic down turn in the next two years?

 

[rainforests1]

Poor and not much savings. To answer my own question: no.

 

[yakherder]

I'm fortunate enough to be in a career field in which demand increases during times of instability. That said, I certainly hope everything turns out okay.

 

[Clueless Git]

My business model is designed to survive recessionary periods.

Fingers crossed - I should be OK.

 

[rainforests1]

My business model is designed to survive recessionary periods.

The sites I've gone on, the vast majority expect the next one will be worse than the first. Could be worse than a recession.

 

[Blobbenstein]

well, what ever caused the last one, I doubt anything has changed.

 

[Clueless Git]

The sites I've gone on, the vast majority expect the next one will be worse than the first. Could be worse than a recession.

I'll keep my legs crossed as well then, RF1.

Chovie: See me after class and I'll show you how that's done.