Okay, we have talked a lot about the current economic crisis and what caused it. Now let’s look to the future with the today’s Question of the Day:
When do you think things will return to normal?
By “normal,” I mean the economy starts growing again and people start putting money back into the stock market.
I have this nasty feeling that it’s going to be a long time before we get out of this mess. Several readers have mentioned the real threat of inflation due to the fact that our government is basically printing money in order to get stimulate the economy. That’s not good news. So my guess is that we are looking at 2-3 years before things return to normal (and that’s being optimistic).
My strategy now is to keep doing what I’m doing. Adding to our retirement accounts on a continuous basis and ignoring the account balances because all they do is make me sad.
So what about you? When do you think things will turn around? What have you heard or read?