I would like to hear from some of the wise men on the board, who can remember the recession of the 70’s. I was still in HS during the early 90’s recession, and I’ve heard some older friends still say that the 70’s recession was far worse than what is going on currently. It seems like a healthy recession going on personally, and all the “cash is king” people will be the winners when they buy at or near the bottom of real estate, stocks, etc… What do our wise elders have to say?
