There IS a cycle - we DO get recessions roughly every 7 years.
BUT I don't think you can look any more deeply into that. It's the normal "breathing" of an open market.
it can't always go up. It can't always go down. But it also can't just remain flat.
So if it can't keep going up, can't keep going down, and can't stay the same - what you get are cycles of up and down.
It booms - and then it gets ahead of itself so it pulls back into decline - people adapt and it starts booming again.
My only complaint about our current economy is that we had the last recession 7+ years ago, but this "recovery" we keep hearing about may have only put us in a slightly better position... it's not really by all that much -and it came at a very high cost of government intervention.
We've ARTIFICIALLY put the stock market into overdrive with free money. Once interest rates start to rise (which HAS to happen) that free ride ends in a crash. Just like the government getting involved in the housing market, making houses more available - lot a good it did us, huh?
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Today's Featured Article - Harvestin Hay: The Early Years (Part 2) - by Pat Browning. The summer of 1950 was the start of a new era in farming for our family. I was thirteen, and Kathy (my oldest sister) was seven. At this age, I believed tractor farming was the only way, hot stuff -- and given a chance I probably would have used the tractor, Dad's first, a 1936 Model "A" John Deere, to go bring in the cows! And I think Dad was ready for some automation too. And so it was that we acquired a good, used J. I. Case, wire tie hay baler. In addition to a person to drive th
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