2009-03-23

Hold on Tight

We've officially been in a recession for 15 months now and it looks like we're about to break the record for the longest recessionary period since the Great Depression. With rising unemployment, record foreclosures, and depleted savings, this economic crisis is almost crushing our dreams for a secure retirement.

But, hold on tight, don't give up just yet.

After the Treasury Department's announcement today of their plan to rid banks of bad debt, investor confidence surged. The markets rallied with renewed confidence that our new administration will do it's best to keep our financial system from failure. Hopefully, the Fed's actions will spark a permanent turnaround.

However, what's really on everyone's mind is: Have we reached a market-bottom or is this just a bear market rally? Of course, everyone has their opinions pro or con, but we'll only actually know in hindsight.

Like everyone else, I have my own opinions. But, I thought I would ask a few old friends if they could orchestrate a get-together in order to shed some electric light on the subject.

Here's what they told me:
Accroches-toi a ton reve
Accroches-toi a ton reve
Quand tu vois ton bateau partir
Quand tu sents -- ton coeur se briser
Accroches-toi a ton reve.
Sounds like good advice to me. If you can't read French, watch this video for a better understanding.

2 comments:

MechanicMatt said...

Eureka! It worked!

(embedded your movie as well, you have to attach it in the html tab instead of the compose tab)

Michael Guzzo said...

Thanks. There's a slight learning curve returning to Blogger after years of using WordPress. :-)