Think different, shop anti-cyclical. This is not a government call for shopping us out of the recession, this is simply a recommendation from the home economics school.
We are at the beginning of a recession. Things are getting cheaper, interest rates are low and governments launch one stimulus after the other. Also, unemployment is still relatively low.
Now is the time to buy those things which are sustainable and which have long term value. The Banking Crisis is an example for how money can become worthless overnight. This is not a good time to safe. Germans seem to understand as they storm into car dealerships all over the country to take advantage of various government schemes to revive the German automobile industry.
But start saving when we get out of the recession and prices are up again. And safe until the next recession so that you can splash out then again.
This is macro bargain shoping.
And, keep your job.
We are at the beginning of a recession. Things are getting cheaper, interest rates are low and governments launch one stimulus after the other. Also, unemployment is still relatively low.
Now is the time to buy those things which are sustainable and which have long term value. The Banking Crisis is an example for how money can become worthless overnight. This is not a good time to safe. Germans seem to understand as they storm into car dealerships all over the country to take advantage of various government schemes to revive the German automobile industry.
But start saving when we get out of the recession and prices are up again. And safe until the next recession so that you can splash out then again.
This is macro bargain shoping.
And, keep your job.
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