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Recession, Recession, Recession

November 28, 2008

Recession, Recession, Recession.... I called it 8 months ago........

I believe the worst is yet to come, all of 2009, and into the first quarter of 2010.  A duration of 18 months at least. By fall 2010 it might stabilize a little, but we really won't see or feel an improvement until 2012.......
Why 2012 you ask? It will be the last year of the US President's first term..... He’ll buy his votes ...... spend money......and so on...

However, until 2012, President Obama has no choice but to cut,  print money, and lower his greenback......There are no miracles to an over priced, over paid economy... just time! Obama takes office in January 2009, by April, the US dollar starts to drop, which means our dollar will rise........ Consequently, our "high dollar" will result in huge export decreases, thus lowering our GDP......and gas will go up.....

GMC in Ontario is gone.... and we don't need to be part of a "huge bail-out".  Even though it sounds noble, Ontario’s GMC factories, after our dollar rises to $1.25 or higher,  make shipping trucks south stupid....we'll be too expensive!  No matter how much Ontario wants to save them, it won't matter.

What really needed to happen, about 10 years ago, was they should have prepared for a “carbon-free SUV-truck.”  Too little, too late!!!

In case you didn't know, three or so odd years ago Ontario secured a $4.5 billion dollar loan against the GMC pension..... this means we are on the hook for about $15,000.00 a household in Ontario... if they live or die!  We have already given a huge amount of money to them....

Globally the world is going to become extremely unstable....financially, religiously, and spiritually.

Doom and gloom?........ It’s not all bad..... There is opportunity around every corner.
This is where we, as a collective society, learn about sharing and caring……about helping each other to survive.  The new world economy won't be about profit, it will be about sustainability.....

Gone will be the $5,000,000.00 bonus for "non-profit Mr. CEO". Greed and speed will be replaced be sharing and caring. As a result we will all be forced to learn to take responsibility and care of ourselves, and our families.

We will learn that the government only gives us infrastructure and safety, they do not give us jobs, morals, or character..... They don't bring up our children, they don't teach them right from wrong. Those jobs belong to us!

We are the ones who let our children watch TV, not the government…. We are the ones who let them play video games all day and night, not the government….We're the ones who let them get fat, not the government.....We are the ones who put them in fast cars and let them out all night until they hit a concrete wall, not the government……..You control the outcome of our society…

Your children need you home, they need you to provide them with rules, discipline, character, and manners. The structure to grow…..

Do you want a BMW and a cottage or do you want mom or dad home with your kids.... Do you want TOY's or responsible kids......For most of us it’s hard to do both...... I choose responsible kids.

If you want to stop crime, it starts from birth.......

A moral and caring society requires effort and attention from you....
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CANADA is a socialist country.... We are regulated to ensure that it’s really hard to become poor and it’s equally as hard to become rich.
We have Medicare. We have great welfare and unemployment insurance.
We have a great multicultural population with very little racism.... I know a ton of people that don't even lock their doors. Our banks and government are in check.....

I am so proud to be CANADIAN.
I like the fact we say "sorry"….
I'm so glad Canadians take care of each other and have an economy based on trust.....Not fear......
Our military is for UN security not war.....

We are so lucky....

The Stadia and Byrne Partners team is and will continue to prepare for what is coming.....

ARE YOU?

Merry Christmas, be thankful.......be very, very thankful......

 


 

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