Shouldn't this thread be in D&D? Bad economy and politics go hand in hand. I too remember when gas prices were under $1 per gallon. I think it was year 1996.
Uh Microsoft is going to make 16 bil. Xom is making like 40 billion. Man the economy is crashing because instead of making obscene amount of money they are just making lots of it. The entire financial system is basically play money to the the billionaires. When they aren't making obscene amounts of it they start crying.
[Off to D&D?] Getting rid of the Federal Reserve is not part of Dr. Paul's platform (namely because he would have no authority to do so). His platform does include vetoing all unbalanced budgets, bringing home our troops from all over the world, and vetoing subsidy and spending increases. Even with unsupported money, if we begin paying off our National Debt, the dollar will regain strength, and it will stimulate the economy.
You still got 3 years. You have nothing to worry about. Just make sure you do well in school, and get an internship early on. I don't think the economy is going to affect you that much unless you are majoring in the wrong field. I'm graduating this summer and as sh1tty as the economy is right now, I still got plenty of job offers. So just quit worrying and enjoy your college life.
There is nothing you can do about the economy, so just be careful to live within your means and pay off debt. If you can do those 2 things, you will be alright. If you can also invest some money in the cheap stocks that are available right now and in the near future, you will do even better.
What's your major and what's your career objective? For example if you wanted to work on Wall Street, it might be a rough patch in hiring for the next year or two. Goldman Sachs from what I heard has hired very few people starting 6 months, ago, since they somewhat anticipated a slowdown. If you work in real estate, things might not pick up for another two years, as many see housing not bottoming until that time. If you work healthcare, its a great time as medical professionals are in demand with the aging population. It all depends on what line of work you are planning on doing. It is just the business cycle right now, and is perfectly normal. The only difference this time I am concerned about is that in the past, the Fed was able to lead us out of recession by cutting the interest rates. But this time, they can't keep on doing it, since rates are already very low. Plus we are dealing with sky high inflation, which complicates matters even further. But if you still have 3-4 years till you graduate, you will be able to weather the storm and be a viable job applicant when the time comes.
I just graduated back in December with a Finance degree from UT. Still looking for a job. Anyone have or know of any openings that are Finance related?
