The Dollar, Detroit, and Da State of our Economy!

Peachtree City…is it just me or does it seem like the ground is giving way beneath our feet.  But we are resilient right?  We stand our ground and for God’s sake don’t let them see ya sweat!  We’re all doing the right things?  Hmmm, Let’s see!  We go to work - but find we have no jobs.  Checked out your retirement account?  With just one eye open you say.  Guys, we all wisely invested in diversified portfolio…. only to find that it has lost half its value!   ….And to boot, our houses have lost 20% of their value.   

An American Dream in Retrospect

Well Peachtree City as if you didn’t know it..we are officially in a recession!  In fact we have been in one since 2007.  Recently, I heard two people discussing the state of the economy and were debating the difference between a recession and a depression.  I wanted to tap them on the shoulder and put in my two cents worth.  A recession is when your neighbor losses his job…a depression is when you lose yours!  But are these day and times just the tip of the iceberg?