Quote:
Originally Posted by Samuel Toothgold
Until another depression happens, like what happened 7 years ago?
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Yes, 2008 will probably happen again and it may be within the next 2-4 years.
From personal experience, recessions are vastly greater predictors of national economic health that personal financial health. You can be poor in the best of economic times and affluent in the worst.
It's easy to get sucked into talk of economic doom and gloom but you have vastly greater ability to control your own destiny than the economy.