Face it. No one can actually figure out the potential problems of the future and absolutely fix these in our present time and in light of our horrendous state of affairs. And isn’t this how fear operates, pushing us out of the present into a territory of the unknown whereby doubt and discouragement control how we believe and how we live?
For years, I’ve watched how perception impacts the reality of the Colorado Springs Real Estate market, even when the national economics haven’t improved or by which the numbers make no absolute sense. Just look at the recent federal tax credit. Yet, confidence indexes seem to have an indelible impression directly on consumer behaviors.
Presently, the new panic button being pressed is the one that controls the fear behind double-dip recession. Just hearing these words causes the national heartbeat to accelerate into fibrillation mode. Yet, how many people really understand the complicating definition of double-dip recession?...Probably very few of us since we’re not educated economists who study the statistical models with expertise and regularity.
From my understanding, double-dip recession doesn’t exactly denote that federal and/or mortgage rates will infer double-digit ranges. Rather, it refers to an incompletion of one recessionary cycle before another begins. In simple terms, it’s a fancy way to say that our national economy is not in a deep depression and we haven’t fully recovered from our last recession. We all know this because we already live it.
Nonetheless, just interpreting the definition of double-dip recession carries enough baggage of emotional fear, and to boot, the danger of this phenomena stems from the weakness and vulnerability of consumer and investor confidence – all of which, causes market woes, less cash flow, consumption cuts, investor hesitancy and wasteful governmental support. The true principles of capitalism are comprised, quite assuredly.
Nothing makes sense on paper right now. We know these times are like fiery trials. We can’t allow fear to completely dominate the way we think and the way we do business and the way we live. As a solution, “Perfect love (God) casts out all fear.” Before reacting to compulsory conversations about double-dip recession, how about re-evaluating the important values of life first and how you fit into this scheme.I know this is where I'm going to humbly evaluate my next steps.
Feel free to contact our Colorado Springs Realtors at Selley Group Real Estate, LLC:
2139 Chuckwagon Rd, Ste 210 - Colorado Springs, Colorado 80919 - 719. 598. 5101
Portions of this article are written by Gordon, as framed by the expressed opinions of Cherise, but not proofread.