Monday, August 3, 2009

Recession is over!

No, really, it pretty much is. May this all be a lesson to you: that it is all about perception.

Apparently, what caused this recession was people simply selling what they had left in inventory--rather than continually re-stocking their shelves. They perceived that sales were lacking, so they wanted to wait until they could safely restock their shelves to meet up with their speculation of lower sales. This led to layoffs, which persuaded even fewer people to buy merchandise (as they did not have jobs to buy it with).

But, the key indicators of the GDP are on the rise, and unemployment will drop soon too. Congratulations people: Recession is over (unless some idiots start saying otherwise :D ).

Why I'm (still) a Mormon

I don't expect much more to ever be posted on this blog, and I'm largely just posting this to share it with some particular friends....