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09-18-2008, 03:36 PM
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5,340 posts, read 13,018,691 times
Reputation: 1175
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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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09-19-2008, 08:35 AM
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Location: New Jersey/Florida
5,655 posts, read 11,259,740 times
Reputation: 3967
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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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09-19-2008, 11:05 AM
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646 posts, read 2,506,638 times
Reputation: 142
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Quote:
Originally Posted by JERSEY MAN
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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09-19-2008, 12:19 PM
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Location: New Jersey/Florida
5,655 posts, read 11,259,740 times
Reputation: 3967
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Quote:
Originally Posted by Giantone
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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09-19-2008, 01:02 PM
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Location: High Bridge
2,736 posts, read 9,005,358 times
Reputation: 670
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Quote:
Originally Posted by JERSEY MAN
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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09-19-2008, 01:22 PM
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Location: Stewartsville, NJ
7,577 posts, read 21,041,115 times
Reputation: 1254
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Quote:
Originally Posted by Giantone
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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