United States Heading towards a Depression?

Discussion in 'Politics & Religion' started by decoyjames, Dec 27, 2007.

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  1. Shazz

    Shazz Prominent Member

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    #381
    Shazz, Jan 29, 2008 IP
  2. Mia

    Mia R.I.P. STEVE JOBS

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    #382
    Yes, doom and gloom is upon us! :rolleyes:
     
    Mia, Jan 29, 2008 IP
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  3. Valley

    Valley Peon

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    #383
    The largest note we have in the UK is a £50 note but most shops won't take them as there are more forgeries than rear. If you have a wallet full then u are assumed to be working for a Columbian Venture Capital Company of a Human Trafficker . Couldn't you just carry more?
     
    Valley, Jan 30, 2008 IP
  4. ca4nul

    ca4nul Active Member

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    #384
    i'm 10000% agree with that. thats why i change my foreign currency accounts to Euro from dollar
     
    ca4nul, Jan 30, 2008 IP
  5. bogart

    bogart Notable Member

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    #385
    More inflation means more pesos

    A Mexican 500 peso note

    [​IMG]
     
    bogart, Jan 30, 2008 IP
  6. wisdomtool

    wisdomtool Moderator Staff

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    #386
    It is a question of confidence, if the general public remains confident of the govt ability to handle the economy, there may be a mild recession or even continued growth, if this confidence fails, anything goes.

    The next few weeks would be very important to see if the Fed earn their keep and also if the Bush admin leaves behind a recession or a booming economy legacy.

     
    wisdomtool, Jan 30, 2008 IP
  7. Valley

    Valley Peon

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    #387
    Generally a recession seems to last for about 10 months so I am told
     
    Valley, Jan 30, 2008 IP
  8. wisdomtool

    wisdomtool Moderator Staff

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    #388
    It is hard to predict, past data was never accurate in predicting the future. Given the continual growth for such an extended period of time, this recession may take a bit longer, but really it is anyone's guess.

    The newest releases from the lagging indicators point towards a stalled economy, by extrapolation, we may already be in the midst of a recession.

     
    wisdomtool, Jan 30, 2008 IP
  9. guerilla

    guerilla Notable Member

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    #389
    You mock it, but rarely have anything factual or insightful to contribute. I liken these responses to nervous laughs.

    Again, hubris will be your undoing.
     
    guerilla, Jan 30, 2008 IP
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  10. Mia

    Mia R.I.P. STEVE JOBS

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    #390
    It's the end of the world as we know it.. We are all gonna die!!!!

    Oh no.. Doom and gloom... Ron Paul save us.. Help!
     
    Mia, Jan 30, 2008 IP
  11. guerilla

    guerilla Notable Member

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    #391
    Thanks for making my point again.
     
    guerilla, Jan 30, 2008 IP
  12. Valley

    Valley Peon

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    #392
    Just the word depression is bad.... couldnt they call it a non boom year?
     
    Valley, Jan 30, 2008 IP
  13. smatts9

    smatts9 Active Member

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    #393
    I advise you all to build bomb shelters and stock up on canned corn , water, and porn. G'Day.
     
    smatts9, Jan 30, 2008 IP
  14. Mia

    Mia R.I.P. STEVE JOBS

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    #394
    So your point is, we are all gonna die, the end is near? Doom and gloom?

    Yikes.. You do not have a very optimistic outlook on life.
     
    Mia, Jan 30, 2008 IP
  15. guerilla

    guerilla Notable Member

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    #395
    My point is, and I have owned you on it repeatedly, is that your contribution to the economic debates are either making offcolor comments to diminish tangible facts presented by others, or to completely disappear or twist a factual and logical argument presented to you.

    It's a shame, because I don't think you're dumb, but you seem to go out of your way to play dumb, instead of joining into the discussion in good faith.
     
    guerilla, Jan 30, 2008 IP
  16. guru-seo

    guru-seo Peon

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    #396
    For those times that he would disappear you'd think he would be on vacation somewhere, but oh wait he works too much and he loves it. Hey Mia you need a vacation to clear your head, when was the last time you had one like 7yrs ago?
     
    guru-seo, Jan 30, 2008 IP
  17. Mia

    Mia R.I.P. STEVE JOBS

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    #397
    Doom and gloom.. That's all there is... That's about all I get out of your pessimistic posts. Do you ever have anything positive to say?

    I've been on vacation for the last week. Are you jealous or something.. You always seem to chime in and follow me around all the while making stupid comments and acting like a 2 year old. Are you ok? Don't they have modern medicine in Albania?

    Give it a rest already.. You are annoying.
     
    Mia, Jan 30, 2008 IP
  18. wisdomtool

    wisdomtool Moderator Staff

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    #398
    After the Fed cuts of another 50 basis points, the traders opt to lock in profits instead, this is totally in contrast to a normal euphoria after a rate cut. Does not augurs well for the economy.
     
    wisdomtool, Jan 30, 2008 IP
  19. guru-seo

    guru-seo Peon

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    #399
    Hahaa, I will give it a rest when you stop spewing BS posts and stop being Gquacks lapdog. And take a vacation for God's sake, 7yrs without one is kind of sad. ;)
     
    guru-seo, Jan 30, 2008 IP
  20. Shazz

    Shazz Prominent Member

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    #400
    Another 50 point cut, BUY stocks for the next little while. Where looking to see bigger things ahead of us
     
    Shazz, Jan 30, 2008 IP
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