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 - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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