Sunday, October 02, 2022

WaPo tells rich democrats all is excellent!----- Recessions have a silver lining - The Washington Post

Recessions have a silver lining - The Washington Post
  • Hey, a recession isn’t all bad news. Here are seven silver linings.
...Fast forward to now, and as bad as things are — rising interest rates, high inflation, stock market tumbling — the economy hasn’t imploded as it did during the Great Depression.
1. Housing prices may finally come down to reasonable levels....Higher mortgage rates may result in sellers in many markets lowering their asking prices so that buyers can qualify for the loans...
4. The dollar is king. Although a lot is in flux, if you have plans to travel overseas, your dollar may go a lot further. This week, the British pound fell to an all-time low against the dollar.
5. Unemployment is still relatively low. People with jobs and money to spare can spend on luxuries such as a vacation..."

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