GE JGBP32SENSS 30" Free-Standing Gas Range

!±8± GE JGBP32SENSS 30" Free-Standing Gas Range

Rate : | Price : | Post Date : Nov 27, 2011 07:01:10
N/A

Great Deals Shure 87a

General Electric WB21X505 THERMOSTAT

!±8± General Electric WB21X505 THERMOSTAT

Brand : GE | Rate : | Price :
Post Date : Nov 17, 2011 06:16:49 | Usually ships in 1-2 business days

General Electric WB21X505 THERMOSTAT

• #NAME?
• Works with the following models: General Electric JCP68W2, General Electric JCP68W3
• General Electric JCP68W4, General Electric RC777W2

Lowest Price Bradley Smokers Hercules Rmx Dj Sale

Why We Are Not Headed Towards Another Great Depression

!±8± Why We Are Not Headed Towards Another Great Depression

After the worst week in US stock market history, there are numerous people, including some of the media touting this as the next Great Depression. Even before the market dropped 25% this last week, CNN had a viewer poll in which 60% said the US is headed towards another Great Depression. Here are several reason why they are all wrong.

#1 Monetary Policy The FED has so many tools at their disposal that they did not back in 1929. During the depression instead of trying to ease credit markets the FED instead did the exact opposite, this caused panic which caused a run on the banks, and with the fractional reserve system, banks only keep 10% of their depositers money on hand.

#2 Unemployment rate. The current unemployment rate is about 6.5%. Back in 1933 the unemployment rate reached 25%. Just as recently as 1980, the unemployment rate was at 11%. Unemployment is the main factor that leads to depression, and we are barely over the average of the last 100 years. Sure unemployment could increase, but it would be amazing if it ever got to even half of the 1933 numbers in terms of percentages.

#3 Stock Market dips are normal. The average bear market over the last 100 years had stock prices decrease approximately 35% from previous highs. In this downturn the DOW has fallen about 40%, which is in range of the usual bear market pattern.

#4 Fuel Prices Just as the market begins it's downturn and the economy enters recession, the price of gas decreases nearly 25% off of highs. The price of oil should continue to go down, and the average American household, as long as they are employed, will have more money this year then they did last to spend and keep the economy chugging along.

#5 Innovation and Technology are Flourishing America continues to be the nation of innovators. From Google, to Apple, to GE, to wind and solar power, the US is leading on all fronts. Innovation creates jobs, spending, and a stable economy.

Of course everyone needs to make their own decisions, however I am willing to bet some will look back in two to three years and say... "The DOW was at 8100? Man I wish I bought in back then." When dividend yields of drug manufacturers such as Bristol Myers Squibb, and Pfizer are at 8%, you know the market is undervalued. Even if we go into one of the worst recessions sicne the Great depression, these companies are still going to be selling prescription drugs. Everyone needs to relax and stop panicking.

Why We Are Not Headed Towards Another Great Depression

Clarisonic Skin Cleansing Cheap !8!# Expandable Watch Bands Grand Sale