Need help or advice during a Recession

You've come to the right place, whether your thinking about a new full time career or maybe even a part time job to top your money up our website will give you all the advice you would ever need. You want to buy a new home and take advantage of the recession? We have all the help you need. Maybe you want to go into shares making money and want to take advantage of the recession that way? you guessed it, theres even a section on that too, we have everything you need from housing to recruit, How do we know all of this? well most websites will assume what happens and take a "stab in the dark" The creaters of this website actually lived it, going from new employment, to buying a new home and dealing shares, all during the recession!

How does the recession affect people like us?

The Recession affects everyone and everything in many different ways, from the cost of bread, to how many police are on the streets. A recession is usually initiated by a powerful country, the likes of the US. It is usually started by countries and people borrowing beyond thier means. What is meant by this is when a country is booming money is freely available to borrow. This means people buy more so the the country gets richer from borrowed money so the banks are willing to give more. The effect of this means one day people can't afford to borrow what they need, so they cannot afford to buy items, so shops make less money and inevitably the banks give out less money, this leads to less employees being needed, which then makes the previously employed people unnecessary so they are made redundant and cannot afford to repay money they owe.

Signs of a Recession

The first sign of an approaching recession is the stock market, it is thought the stock market predicts 12 months before events like this happen, with well over 30 million people trading on the stock market with the capabilities of buying or shorting it makes it one of the most intelligent systems on earth, essentially by the use of over 30 million users opinion of up or down.

The second sign of an approaching recession is house prices, House prices are prone to boom bust cycles. When money is freely available and everyone wants to own a home. Of course there arn't enough homes being built to keep up with the demand so prices increase rapidly, the faster they increase in price the closer a recession comes as people are increasingly priced out. When people are priced out they can't get a mortgage so the banks will make less money, from here on out it is a downward spiral which ends up with high unemployment and increasing rates of inflation. one has to wonder how people not being able afford a house can lead to buying two chocolate bars for the price as one, When the same time the previous year you could have bought the same two chocolate bars not on offer for the same price.

So far in this recession I have been considerably lucky. I vaguely remember the early 1990's recession with house prices dropping, When this recession arrived i was wise enough to take on the stock market, I bought RBS stock at 10P and LLOY at 41P before fears of a double dip recession, I then sold my shares and purchased a house with a rather large deposit. I thought i'd played the smartest move in my life, only to find out a year later that warnings of a double dip recession we're coming and countries we're going bankrupt. Of course all was not lost, the house i bought was unfortunately to the previous residents a repossesion, so the house was incredibly cheap with a very small chance of it being worth less than i paid for it. My opinion on the recession? Our government seems to be forever thinking about other countries. If we didn't agree to go to war alongside the Americans the country would have alot more money, George Bush quoted "your either with us or against us" knowing what was going to happen maybe our government should have turned round and said "mmmm, I think i'll sit on the fence on this one old chap" As for the UK governments idea to nationalise banks, I consider this the best thing they did alongside quantative easing and reducing interest rates.

Ways to get out of a Recession

Currently the government, or rather you and me own 84% of Royal Bank Of Scotland and 43% of Lloyds bank. Since we own 84% of RBS then i see no problem in taking 84% of thier profits, we essentially do the same with dividends on shares. With that money you could reduce the ever increasing council tax, people would have money to spend and the recession would end alot sooner.