Recession and Recovery Clarified

Does anyone still remember what later came to rescue us from the 2001 recession, caused by the burst of the Internet bubble? Apparently, we all do--it was the booming housing market and everything that was going around it. Well, all that turned out to be nothing more than just another bubble following their fanatical growth. And only now, we start hearing the popping sound. So, recession or not, the economic engine will be gassed up again as a new wave of hot air finds its way to fill up yet one more bubble.

Assuming our memory serves us all that well, we can't deny that rounds of Internet-starup millionaires had been created by the time the Internet bubble burst, in a way that they crushed the economy, not by it. This time, we certainly had winners too, those who sold big on properties and credits before the bubble of them was blown too thin and finally popped. But, these big sellers can now turn around to represent the resilience of the troubling economy that has bad implications for only the rest of us.

To possibly become part of them in the current and upcoming economic battles, try to feel that hot air from "global warming," or maybe global growing-time to make another bet now.