Discussion

Countries all over the world just like USA have printed billions in currency and have many more in debt how can the economy go back to times when there was less currency and less debt? This is a huge balloon that is in the process of painful bursting we just can't keep going the way that we have been up until now. Once it goes bust there is going to be something new something that is hopefully not some ghastly World War 3!

I'm not an economist or even all that versed in economic theory, but I do know that everyday I still hear about

jobs being cut
businesses filing for bankruptcy
the market fluctuating erratically
and homes still being foreclosed on

IMO no...the economy has not come back....IMO as long as unemployment claims are not DECREASING on a month to month basis then no...we are still in a recession.

Robert,

I DO NOT believe the economy is coming back, my reasons are as follows:

a)Most are hesitant and fearful.
b)Most seem to long for the old era instead of creating a new era.
c)Most are still reliant of big government to fix their issues.
d)Most are not willing to suffer for their freedom.
e)Most are not willing to stick to a disciplined plan.
f)Most still beleive and base their life on an old philosophy.
g)Most are not willing to "do more with less."
h)Few actually oppose statements a - g.

I beleive a strong economy is based on functional relationships and trust, currency is the tool that emodies that relationship.

The government officials don't trust the people and vice versa.
These officials are still using the same 20th century "fearmongering" to herd the unassuming fools into filling their coffers with trash federal notes.

I believe that it will take a cataclysmic financial shift to change this. Why should a fat fox give up a steady diet of juicy chickens?

I think the economy is not coming back. As we used to understand the old market (Old System). Now, as the phoenix, the world economy from the ashes will rebuild the way we will make any kind of contract in the future. As Andres Roemer (professor in Law & Economics) said; the country or person that do not innovate or invent new ways of production will extinguished in time.

Is the economy coming back....Yes...back to depression.....A time when things get tough....and if people don't get tough, they get left behind..... A wise man one said "There's a reason why the Good Lord put your eyes in the front of your head, So, you can look to the future and figure out what you have to do today to get there." Many people today are looking for the glory days they never had, instead of figuring out how to take advantage of this situation. This is why they are going back to depression. "Recession is when my neighbor looses his job. A depression is when I loose my job." Theses people who fail to adapt will loose their jobs and become depressed.

The economy will return to a sustainable level. But most old jobs are lost forever. New jobs in different sectors will be created and pensions may be all going too. States, counties, and cities are all broke and cannot print money like the fed, so what are they going to do? Tax, cut jobs?

Time to stop being a victom and start creating jobs for yourself and others?

Not yet, there are still arms that are adjusting and the other quarters of the business cycle need to come out. This will be a loss, in return will most likely drive the Stock market down somemore. Remeber a few months ago the Dow hit 7500 and below that on some other days.

Life is what you make it now. Our compnay www.HowMoneyReallyWorks.com has a newsletter to help people understand money. One should look at money like this What is creating Income and What creating an expenses. If your personal expenses are too high, do you have a budget in place? If not, we have free budget sheets on the site. Everyone should be helping people in this economy, the more people you help, the more comes back to you when you least expect it.

I think it´s not and I hope it´d never come back to the same absurd and unfair rules of the past, but I´m afraid the Establishment will successfully oppose every possibility of real change of the financial structure, because all the elements of real power share the same wicket interests and even those well meaning people are tied up. The way out is financial education

Like Robert said, "the economy has came and left those who are waiting behind." I know so many people who keeps saying, when the economy comes back Im going to do this and that. I just laugh. The economy is gone and unless you want to depend on our government or get a piece of the bailout money, your gone too. This is the best opportunity to become financial free. Take charge of your life.

Hmmm, what would Richdad say? History repeats itself. If you don't learn from it your bound to repeat it. How many times has this repeated already. It just comes in different forms. You either take advantage of it or it takes advantage of you. I did not like History nor reading until I read Richdad Poordad. Reading the books taught me History lessons I did not learn in school. Will the Economy come back? As Robert said it has gone away. People are still walking around wondering "who stole their cheese". Instead of moving on and looking for other ways to take advantage of it, they are still looking for the same cheese they had before the economy collapsed. You can't solve the current problems with the same thinking that one had when they created it. The Government is doing just that. First they re-elect the same officials who created this mess. Second they are becoming owners of companies. They can't run themselves. They are creating new ways using the same thinking that created this situation. Richdad believed in only hiring Ceo's and board members who owned companies of their own. If you never owned a company yourself how can you be CEO of one. Is the same economy coming back? No. If you look at the current rally in Wall Street, they are playing the same tune. The Rich are taking advantage of the situation on Wall street and bailouts from the government to "cashout" while others are jumping in. The current administration wants to raise taxes for the investors so they can keep spending trillions of dollars. Robert Kiyosaki predicted a crash and depression caused by the "babyboomers" and "social security", which is still to come. Is the economy coming back? If you put just a couple of these ideas together it tells me we are heading for bigger problems soon to come. So open your eyes and see what you can't see. Lord watch over us and protect us. They took prayer and the bible out of school and want you out too. It is time to put "In God We Trust" back in America.