LisaJ4Liberty, and he was/is right. A recession as it is defined, has not really occurred — we have not had two consecutive quarters of negative growth. Unemployment is high, and the housing and stock markets meet some bad times (which caused problems for companies that lived outside their means), but over the past “recession” we’ve had positive (but slow) growth the whole time. Most of what we see is overreaction by people and companies to the media’s overreaction.
Dave Ramsey called Peter Schiff an idiot for what he was saying two years ago. Dave Ramsey said the US is too big to fail the markets were too robust to crash and anyone who says otherwise is an idiot and a know-nothing.
February 9th, 2010 at 5:45 am
I’ll fight all y’all!!! I’m the toughest guy on the internet!!! Everyone BOW DOWN to the KING!!!!
February 9th, 2010 at 5:49 am
I saw this live and laughed pretty hard. They are right. NO NO NO NO NO!
February 9th, 2010 at 6:20 am
LisaJ4Liberty, and he was/is right. A recession as it is defined, has not really occurred — we have not had two consecutive quarters of negative growth. Unemployment is high, and the housing and stock markets meet some bad times (which caused problems for companies that lived outside their means), but over the past “recession” we’ve had positive (but slow) growth the whole time. Most of what we see is overreaction by people and companies to the media’s overreaction.
February 9th, 2010 at 6:30 am
Dave Ramsey called Peter Schiff an idiot for what he was saying two years ago. Dave Ramsey said the US is too big to fail the markets were too robust to crash and anyone who says otherwise is an idiot and a know-nothing.
February 9th, 2010 at 7:29 am
Dave Ramsey is changing “my family tree.”
By Christmas I’ll have an emergency fund in place and paid all my debt off expect student loans.