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the one thing i could benefit from is the further decline of the housing market. my next home will likely be more expensive than my current one, so i wouldnt mind if housing falls more. but i definitely wouldnt hope for an increase in unemployment, that seems wrong.
Me!
Like how GM is going to fail again... now propped up till after Nov's election...
I hope & prayed that it all fails... BEFORE November.
So the truth is not put off but truth will be "out".
Who is hoping for another recession?
Me!
Like how GM is going to fail again... now propped up till after Nov's election...
I hope & prayed that it all fails... BEFORE November.
So the truth is not put off but truth will be "out".
Let's meet back here six months after the election and see if GM has failed, or if you are living in a fantasy world.
Am I unpatriotic to secretly hope for another downturn in the economy? By downturn I mean GDP goes negative and home prices fall and unemployment rises by 1-2%. Not forever, just for 1-2 years. Ok, call me unpatriotic
I don't know about other people, but I do very well in recessions. I save during boom years then go on a spending sprea during bad times. Everything from automobiles to equities was so cheap right after the recession. My networth has surged since 2008. And dating is a breeze, as my competition is all penniless.
I'm a contrarian. Does anyone else think this way?
Let's meet back here six months after the election and see if GM has failed, or if you are living in a fantasy world.
Yes... talking about "fantasy".
Gotto Loooove that word.
Fantasy world is pouring MORE fantasy money into (how is GM doing right now btw??? If its stock is doing pretty well?? If it has gotten rid of its union burdens??? How did their sales go???) it again.
Fantasy money (more stimulus from the government) = money we tax payers don't have
Or better yet... my fantasy will be an economy propped up by non other than our current president's "OWN" money (NOT taxpayers)... can that ACTUALLY happen???? Really????
I would like to see a sharp recession (multiple magnitude of the one a few years ago) and an incredibly aggressive recovery to the point where we're back to the top of the business cycle within 1 year. I'd buy up equity.
I am hoping our elected representatives will find the morals to bear true witness to our own laws, and solve poverty in our republic through existing infrastructure and existing laws that could render our economy more stable through that increase in the circulation of money in our money based markets.
I would like to see a sharp recession (multiple magnitude of the one a few years ago) and an incredibly aggressive recovery to the point where we're back to the top of the business cycle within 1 year. I'd buy up equity.
Cooking books was the only way we got anywhere in the high times. You betting on that happening all over again? This is the norm, btw. Nothing fundamentally says that a recovery is in the books.
I still remember when a good quarter was losing less money than the previous quarter. Ah, the good ol' days.
I don't think all the unemployed and the foreclosed-upon got the memo. How do you define "out of the recession"?
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