Preparing for recession

[Lawrence Flagg]

I've been hearing a lot of chatter about another recession around the bend. I know no on can really make any predictions but wouldn't  it make more sense to sit on my money and scoop up land and/or a 4plex once the market drops a little. If I invest now and the market gets bad, won't the property lose value.?

[Charley C.]

@Lawrence Flagg To truly answer your question, look under the hood of history. The over laying reason for recessions is when too many people get paid while not producing tangible durable goods people  want or need.. so the next question is who does that happen? here it is :  

Look back at all our recessions in modern history The common denominator in all these recessions was some kind of manipulated rigged fake industry imploding on its self. Always it was the excessively powerful interest such as government and over size corporations (nearly the same thing in my book) getting us in a recession . It was only small but emerging businesses and the natural free market that got us out of one. Academia used to teach that in the 80's, now days I doubt they do. Instead they teach the need of "planned economies" that is foreshadowing what I am about to say

The biggest examples:

1) oil recession in the (the 70's from oil being too high) and in Texas, the worst one was in mid 80's when oil tanked. There was OPEC and power governmental type body screwing with the natural order of things. Houston was horrible back then

(skipping bush 1 recession since I made lot money on that one)

2) the dot com recession was a boom busting from the failing IPO's, a ponzy pyramid scheme economy.   people getting paid for not doing jack

3) The sub prime lending recession. Lot of people pushing paper around handing out money. What could be worse? Bush 2 (and the whole of congress) pushed the lenders to do more lending. Before that we did have regulations that we grew to depend on. Our lending industry was addicted to regulations like a drug attic and to get off it, they had to hit rock bottom. So we hit it. By the end of 2009, the lending industry really fixed things back to for the first time, self regulating worked just fine, and in fact did it more effectively than Government could ever. 2009-10 I was making a fortune on lending money to people with 740 + credit scores. 3 and 4 loans a day, just me.. Small guys like me were then taking over the lending industry and the powers that be couldn't have that so here came Frank-Dodd and the recession gets off its death bed then lasted 8 more years. My mortgage company became not so profitable, I went back to building multifamily.

4)? the next one?  look for the same patterns that  I wrote above. the next recession will be I think from foreign influences controlling our media thus controlling our leftist government. Just look at China as just one example. That is a manipulator on steroids. Just about 80% of my products (other than commodity types like lumber) are coming from China. We totally screwed up letting them snuff our own productivity. There is your next smoking gun causing a recession, the sooner we cut the chord from depending on them the better