Jump to content

Archived

This topic is now archived and is closed to further replies.

Murph

The D-word

Recommended Posts





APCegr    0

This has been happening longer then 5 weeks. It just sucks Obama had this placed on his table, he could of been something good but now I don't even think anyone can get us out of this type of economic situation.

Share this post


Link to post
Share on other sites
Htar    0

This has been happening longer then 5 weeks. It just sucks Obama had this placed on his table, he could of been something good but now I don't even think anyone can get us out of this type of economic situation.

Yes, we've been headed this way since the Fairness in Lending act of 1977. The high energy prices really pushed the cart over the cliff.

Share this post


Link to post
Share on other sites
Zod    14,969

Conservatives are hoping we get there so they can point fingers. They hate America.

Enjoy.

Share this post


Link to post
Share on other sites
cptx    2,124

This has been happening longer then 5 weeks. It just sucks Obama had this placed on his table, he could of been something good but now I don't even think anyone can get us out of this type of economic situation.

obamas table was set long before he knowingly sat down at it, all the while promising "change? yes we can!!"

did he bite off more than he could chew?

Share this post


Link to post
Share on other sites
pstall    5,759

Not gonna be a depression.

92% of homeowners are paying ON TIME.

Unemployment is still under 7%. They may increase of course but all things considered, thats amazing.

Infrastucture WILL happen. Thats jobs and durable goods being bought and sold. Those that will be working will spend money, pay taxes.

Those making over 300k who talked smack about not minding to pay higher taxes are about to pony up.

Its tough and all. But the market simply couldn't keep going up the way it did. Contractions, recessions. They happen ever so many years.

Everyone needs to listen less to the media and more to their surroundings.

Trim the fat, pad some savings. Spend wisely and tip generously. Consumer CONFIDENCE is what is missing. From the lender to the lendee.

At a grass roots level, people can make a huge impact on the overall confidence of the market. I truly believe that.

Share this post


Link to post
Share on other sites
LiQuiD    59

Just like how nobody would officially admit that we were in a recession until over a year after it actually started. I'm sure the admission of being in a depression will not be announced for at least that long after we're really in one, if they ever admit it despite the numbers.

Share this post


Link to post
Share on other sites

×