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Recession


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It appears more than likely that a recession will be coming our way in the U.S. within the next two years.  A loan officer friend even told me that he thinks it has begun.  I disagree, but it is coming. The advice I have gotten during my adult life was to hold money and wait for the economy to hit bottom.  Trouble is, inflation devalues cash.  But I am still in favor of saving money, instead of spending, and keeping cash in the bank.

How are you preparing for the recession?

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