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Old 04-15-2013, 05:45 PM
 
Location: Northern Wisconsin
10,162 posts, read 8,831,601 times
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The big sell off in commodities, stock market drop, poor 4th Q. GNP, Poor new jobs number for March, it all points to a recession coming. The Mainstream Media doesn't want to say it because it will make OBAMA look really bad, but my guess is, get ready for it, cause here it comes.
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Old 04-15-2013, 07:27 PM
 
85 posts, read 353,008 times
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Quote:
Originally Posted by augiedogie View Post
The big sell off in commodities, stock market drop, poor 4th Q. GNP, Poor new jobs number for March, it all points to a recession coming. The Mainstream Media doesn't want to say it because it will make OBAMA look really bad, but my guess is, get ready for it, cause here it comes.
There has not been a sell of in commodities (the opposite has been happening actually), the stock market is near all time highs, and job growth has beat expectations (other then March).
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Old 04-15-2013, 07:44 PM
 
213 posts, read 689,942 times
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When did the recession stop?
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Old 04-15-2013, 08:03 PM
 
48,508 posts, read 87,859,401 times
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Commodies grwoth for deacdes has most been from merging markets like China and India. They are afterall emerging in higher lifestyle and contain 1/4 the world's popualtion. if they slow eve at 7.&% growth the commodies slow.Nothignear the problems when bankig sector started to nearly collpase. Jobs have been slow but it from a huge shift in makets ebcome even more world based.The markets have gain on new money even tho bond investments haven't shrunk. Not a sign of a recessio coming. We may see slowing tho as sequa eater has some effecdt but it not that large a number ;really.
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Old 04-15-2013, 09:17 PM
 
Location: NE Mississippi
17,925 posts, read 10,512,576 times
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Recession? As in "GDP receding"?

Yeah. Gently. The massive layoffs have already happened, and middle management jobs have been replaced with lower paying entry level type jobs. And that won't change.

Malaise. I see economic malaise for a long time to come.

Zombie market, call it. Neither dead nor alive; neither bull nor bear.

World DP is 64 Trillion; U.S. is 15 trillion. Then China, Japan, and Germany each with about 4 trillion. Someday, a long time from now, historians may look back and see 64 trillion as the best we ever did.

World population has stopped growing, too. The main stream media hasn't caught on, and may never catch on, but it's true. 7 billion may be just about the peak.
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Old 04-16-2013, 12:21 AM
 
Location: USA
5 posts, read 5,009 times
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There has not been a offer of in products and also the reverse has been occurring actually, the inventory exchange is near all-time peaks, and job development has defeat objectives as other than marCh.. . .
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Old 04-16-2013, 09:17 AM
 
28,900 posts, read 48,778,953 times
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Okay. We are not in a recession. We have been in a depression. Big difference. The current shaking financial climate is really a function of a depression. Here's a really good article on the subject: The Lingering Stealth Depression | Business News | Minyanville's Wall Street

Need a statistic for proof? Everybody loves to point at the unemployment figures as proof that we've climbed out of the hole. However, unemployment statistics can be gamed by the policy makers, using the notorious "discouraged worker" number to eliminate people from the count.

A far better statistic is workforce participation, i.e., the percentage of people who are actually working versus the total population. That number is startling. The workforce participation rate continues to plunge. Now it's down around where things were in 1979, during the Jimmy Carter economy. US Labor Force Participation Rate

To be sure, there were upticks in the Great Depression as well. But the unemployment rate was almost as bad in 1938 as it was in 1933 when Roosevelt took the oath of office.

The reason for this depression are similar to the reasons for the Great Depression: A lending bubble. Until the bad loans work their way off the books, we will remain in a depression.
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Old 04-16-2013, 09:22 AM
 
Location: Political hack governor state!
7,445 posts, read 4,992,902 times
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Most importantly: Don't believe anything coming from the US government and media.

I think we're in a Recession/Depression combo and the bill will REALLY come due soon enough imo.

We could do better as a country if "DC gets out of our hair".
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Old 04-16-2013, 10:50 AM
 
2,157 posts, read 2,889,316 times
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Quote:
Originally Posted by starwind View Post
When did the recession stop?
+ 1 Billion times :shock ed:
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Old 04-16-2013, 02:43 PM
 
1,475 posts, read 2,339,299 times
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Quote:
Originally Posted by starwind View Post
When did the recession stop?
Good question. But I think it's a *depression* not a recession.
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