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Reasons a recession could be healthy for everyone

1. Forces people to work together to find solutions

2.  Enforces accounting standards  

3.  Looks to the past to find mistakes

4.  Less consumption is good for sustainability

5.  It forces weak competition out of business

6.  Takes uncollectable debt out of the economy

7. Brings government intervention

8. Restores profit rates

A recession applied properly can help to minimize future problems   

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February 5, 2008 - Posted by | American Politics and Policy Ideas | , , , , , , , , , ,

2 Comments »

  1. […] Reasons a recesion could be healthy for everyone […]

    Pingback by   Taking a little inventory by Health Tips | February 5, 2008 | Reply

  2. Recessions always wring out the excesses of the preceeding boom. Things get revalued, and that’s a good thing.

    I’ve traded through several recessions, and they offer good potential for making money. That being said, I don’t care what the market does as long as it moves and I get a crack at trading it.

    Good post

    Jeff

    Comment by masteroftheuniverse | February 5, 2008 | Reply


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