Are we going toward another recession?

We have been talking about risk management for a week. From airline cost management, Publix shopping center parking lot hazard control, to insurance policies against price increases. It seems to me that there are many ways to help us prevent from losses. How about our depressing economic market? Is there an efficient way to manage its risk?

Ever since the war started, the government spent trillions of dollars overseas on our battles. Don’t get me wrong. I am not against it. I have been supporting it all along. Unfortunately, we can’t afford the military expenses any longer. We have already spent our retirement money. How can we get out of this bad financial situation? Real estate has its most foreclosures this year. The housing market is in a slump. Hourly workers can’t find any construction jobs anymore. The stock market has experienced its lowest point. Are we going into another recession? Or, are we already in it and we just haven’t realized it yet?

You will be able to find some related article from the following link. Just like the article said, the economic downturn can cause panic and psychological disturb. This is the reason why consumers lose confidence in the market. This is negatively correlated to the market economy. We should do what we can. Support our government, support our soldiers, and get through the tough times together.

http://www.marketoracle.co.uk/Article383.htmlhttp://www.abcnews.go.com/Health/Depression/story?id=3473606&page=1