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Everyone loses in a recession.
by crispyporkbites 7y ago
Everyone loses in a recession.
- chvid 7y agoThe dot com bust and 9/11 is a good example of the opposite. If you were in real estate around then there was no recession at all.
- joejerryronnie 7y agoNot everyone, some people prosper enormously in a recession - or more specifically, some people make bold investments during the worst part of a recession when everyone else thinks the world is ending. Those investments typically do very well when we exit the recession.
- frockington1 7y agoAgreed, recessions are when money is made. If you look at '00 and '08/09, investing in the down years is incredibly profitable
- rchaud 7y agoExcept for those that have capital, or access to capital at cheap rates, and can buy up assets when their prices are depressed.