Economic Recovery

When will the economy recover?

If someone knew exactly when it would, they would certainly profit handsomely. Because we live in a imperfect world, rationality and irrationality makes it nearly impossible to accurately forecast what tomorrow will bring. We certainly are living in some very interesting times. High unemployment, exponential debt, and a deteriorated financial industry are just some examples of what we are experiencing. Our economy is a subject that is being debated daily. Is the recession nearing an end? Is the recession just beginning? Many support both sides. I happen to be in the camp that believes we are far away from climbing back from this recession. When will the economy recover? I have no idea but I can tell you that until the government stops intervening in this crisis the finish line will continue to be out of sight. How can we even discuss any type of recovery until we let all the malinvestment liquidate from a decade of easy money policies? We cannot look to the government for economic recovery when they were the ones that got us into this crisis. How can someone that got us into this crisis have any idea of how to get us out of this crisis? They don't even understand how we got into this crisis and we want to rely on them to figure out how to get out of this mess. Sounds like insanity to me. Economic recovery will arise from We the people. It will come from entrepreneurs who will create new industries and job growth. It will come from a limited government and abolishment of the Federal Reserve. It will come from honest money not fiat money. It will come from lower taxes and savings. Buckle up. This is going to be a bumpy ride.