3 Old School Lessons To Make The Best of Today’s Economy

Posted by Peter James | Posted in Balanced Life, Current Events | Posted on 17-10-2008

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What have you learned from the Credit Crunch?

Article by Peter J. Normandia. Follow me onĀ Twitter.

This economy sucks, plain and simple.

It’s probably the first time in my adult life I can actually say that. I was born in 1979, so I grew up with Reaganomics while watching Fraggle Rock. I was in High School during the first televised war in Iraq, and barely surviving the University of Maryland when Bill Clinton was explaining why Monica saved her dress without washing it. This was the same time the Mortgage Industry began their now notorious, greed filled run.

However, until last year, I had never experienced such a bad economy as an adult. To top it off, I opened a Mortgage Branch the year before specializing in A-paper loans, so I was smack dab in the middle of the windstorm. As the industry got what was coming to it, I learned incredibly valuable lessons I will carry with me for the rest of my life.