User 163394

Where's the Bottom?

As Erick says:

"When everyone stops asking "where's the bottom?", that's when we'll see the bottom."

The business cycle has amazed me since I first studied it during my freshman year in college. History continues to repeat itself. When will we ever learn. What goes up does not have to come down. Business cycles are "learned and practiced" and have been since the Great Depression.

Seems to me that it always starts when someone mentions the word, "recession."

Things go well and then a few select, seemingly "expert" people decide that it's got to end and they begin to spread that dreaded word. Soon it's like someone yelling "fire"when their is none.