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Old 09-18-2008, 03:36 PM
 
5,340 posts, read 12,987,676 times
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Well, it shot up because Paulson may set up another Resolution Trust Corp. - like after our last S&L Debacle. It's reactionary... but this is not an indication that the economy is GOOD by any means.
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Old 09-19-2008, 08:35 AM
 
Location: New Jersey/Florida
5,641 posts, read 11,205,079 times
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No I don't think we are heading for a depression. A mild recession yes that will turn around after the election regardless of who wins. We just need a different face in the white house, be it Obama or McCain. Let's smile and be happy for a change.
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Old 09-19-2008, 11:05 AM
 
646 posts, read 2,501,094 times
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Originally Posted by JERSEY MAN View Post
No I don't think we are heading for a depression. A mild recession yes that will turn around after the election regardless of who wins. We just need a different face in the white house, be it Obama or McCain. Let's smile and be happy for a change.


Wake up, we are already in one and will be for years!
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Old 09-19-2008, 12:19 PM
 
Location: New Jersey/Florida
5,641 posts, read 11,205,079 times
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Originally Posted by Giantone View Post
Wake up, we are already in one and will be for years!
Do you have any documentation to us posters that we are in a depression and not in a mild recession.
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Old 09-19-2008, 01:02 PM
 
Location: High Bridge
2,736 posts, read 8,985,942 times
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Originally Posted by JERSEY MAN View Post
Do you have any documentation to us posters that we are in a depression and not in a mild recession.
Considering the US market grew by 1%.... I would say no
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Old 09-19-2008, 01:22 PM
 
Location: Stewartsville, NJ
7,577 posts, read 20,992,617 times
Reputation: 1253
Quote:
Originally Posted by Giantone View Post
Wake up, we are already in one and will be for years!
You should just jump now! Misery loves company my friend so maybe give him a call and see if you two can hook up this weekend
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