10-03-2008, 04:57 AM
True, but he is asking for the next five years and also, how many people will be leaving Puna in the same amount of time? Net gain or loss? Over five years, there may be a net loss. Over ten years, probably a net gain.
This is the tail end of the third quarter of 2008. The economy is in the midst of a nose dive. The Great Crash of '29 took about eighteen months to finally hit bottom and we are maybe halfway into a similar situation. Probably around this time in '09 we will be near the bottom of the financial markets? Or perhaps it might take a bit longer since this will go pretty deep. When the financial markets are stunned and gutted they are not loaning money to folks to buy houses or other durable goods or go on vacation. Until we get GAINFUL employment for our people, there won't be much recovery around here. If we are lucky and this upcoming recession is mild, we may start to see some reviving around 2011? By 2014 things should be going back up again, property values should be rising again and construction will start going up as well. Unless this next cycle comes up with a new pattern but generally they are a continuation of the patterns before. Very much like ripples on a pond.
Unless of course, we subscribe to the ancient Mayan calendar, then the world would have ended the year before.
This is the tail end of the third quarter of 2008. The economy is in the midst of a nose dive. The Great Crash of '29 took about eighteen months to finally hit bottom and we are maybe halfway into a similar situation. Probably around this time in '09 we will be near the bottom of the financial markets? Or perhaps it might take a bit longer since this will go pretty deep. When the financial markets are stunned and gutted they are not loaning money to folks to buy houses or other durable goods or go on vacation. Until we get GAINFUL employment for our people, there won't be much recovery around here. If we are lucky and this upcoming recession is mild, we may start to see some reviving around 2011? By 2014 things should be going back up again, property values should be rising again and construction will start going up as well. Unless this next cycle comes up with a new pattern but generally they are a continuation of the patterns before. Very much like ripples on a pond.
Unless of course, we subscribe to the ancient Mayan calendar, then the world would have ended the year before.
Kurt Wilson