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Old 09-24-2011, 11:01 AM
 
1,392 posts, read 2,860,623 times
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Well thangs are going south pretty darn quick, this may be the big one.
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Old 09-24-2011, 11:02 AM
 
Location: Great State of Texas
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Yeah..they say we may be in for "another" recession.
Like we really came out of the last one ? More like the government money dried up.
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Old 09-24-2011, 11:03 AM
 
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Stock Market is a bunch of hog wash anyways.
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Old 09-24-2011, 11:15 AM
 
Location: Southcentral Kansas
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Quote:
Originally Posted by HappyTexan View Post
Yeah..they say we may be in for "another" recession.
Like we really came out of the last one ? More like the government money dried up.
Actually, I get a kick out of hearing people talk about a double dip recession when it is obvious that we are still in the first one. However, Obama did declare the first one over, didn't he?
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Old 09-24-2011, 11:17 AM
 
Location: Great State of Texas
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Originally Posted by roysoldboy View Post
Actually, I get a kick out of hearing people talk about a double dip recession when it is obvious that we are still in the first one. However, Obama did declare the first one over, didn't he?
Yup..all that government money propped up the GDP which is the "official" indicator of a recession ending.

So since 2009 we have been in an economic recovery. Didn't the last 2 years feel good ?
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Old 09-24-2011, 11:33 AM
 
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The last 2 years may feel better than the next 2
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Old 09-24-2011, 12:26 PM
C.C
 
2,235 posts, read 2,363,273 times
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Quote:
Originally Posted by waitingtundra View Post
The last 2 years may feel better than the next 2
To me, things seem worse than 2 years ago. In the spring of 2009 I had no qualms about buying a 52" TV with BD player, a high-end laptop and some other toys. Today I cringe at paying $25 for a stack of Sony DVD's, and think twice about going out to eat even when I have a BOGO coupon for my favorite restaurant.

Back then I assumed we would bounce back quickly. The possibility of people being unemployed for one year seemed remote, much less 2 or 3.

The interesting thing is that I've found that I can live comfortably on far less than I thought I needed. Except for health insurance of course - the skyrocketing premiums since obamacare passed are killing me...
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Old 09-24-2011, 01:03 PM
 
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Just hope the whole thang doesn't goWorse week on the Dow since 2008-h-bomb_1-1-.gif

Guess the fact we are Trillions and trillions and trillions and trillions and trillions and trillions and many more trillions of dollars in debt has me a little nervous as our government is spending money like a bunch of drunk sailors.
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Old 09-24-2011, 01:07 PM
C.C
 
2,235 posts, read 2,363,273 times
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Originally Posted by waitingtundra View Post
Just hope the whole thang doesn't goAttachment 85256

Guess the fact we are Trillions and trillions and trillions and trillions and trillions and trillions and many more trillions of dollars in debt has me a little nervous as our government is spending money like a bunch of drunk sailors.
As the joke goes, that's an insult to drunk sailors. Drunk sailors only blow the money they have in their pockets, they don't borrow another $trillion from China to blow.
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Old 09-24-2011, 01:10 PM
 
1,392 posts, read 2,860,623 times
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Originally Posted by C.C View Post
As the joke goes, that's an insult to drunk sailors. Drunk sailors only blow the money they have in their pockets, they don't borrow another $trillion from China to blow.
That's a fact, then they only borrow a little money to get by from there friends after the bender I apoligize to all drunk sailors
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