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World Events
Topic: The Recession is Over!

#AuthorMessage
51
Kar2oonMan
Fri 10/30/2009 4:44p
My typos also confound the pessimists, but they knew I'd make typos.
52
mawnck
Fri 10/30/2009 4:46p
>>And they have not been offered with caveats like "Well, I think this is pretty unlikely BUT."<<

I've always tried to remember to offer that caveat. However, I *do* think that in the event of another downturn, Fox News etc. have done sufficient stirring up to cause some, for lack of a more innocuous term, insurrection among some of our more excitable citizens, at least a few of whom are on this board.

>>The evidence of good is out there.<<

WHERE?
53
mawnck
Fri 10/30/2009 4:50p
>>Mark my words, a few years from now, there will be some innovation that neither of us can predict today,<<

World War III? I sure hope not.

And what about those upcoming few years? They're what I'm worried about.
54
Kar2oonMan
Fri 10/30/2009 4:54p
And what about those upcoming few years?<<

They're going to likely be better than Sept 2008. It'll be a struggle but I think we'll see continued improvement in housing, retail sales. Not a straight vertical line, but trending upward out of the abyss.
55
mawnck
Fri 10/30/2009 5:07p
>>They're going to likely be better than Sept 2008. It'll be a struggle but I think we'll see continued improvement in housing, retail sales. Not a straight vertical line, but trending upward out of the abyss.<<

There is no factual basis for this opinion.

The growth in both items for this quarter was directly the result of government stimulus money. The numbers prove that.

And the government can't prop up the economy indefinitely. It will be Weimar-Germany-catastrophic for the US$ if they try.
56
ecdc
Fri 10/30/2009 6:38p
>>The growth in both items for this quarter was directly the result of government stimulus money. The numbers prove that.<<

Growth can spur more growth. That's why it's called "stimulus."
57
SingleParkPassholder
Fri 10/30/2009 6:41p
I'm beginning to wonder why the people who are so convinced we're screwed still live here. Seriously.
58
Mr X
Fri 10/30/2009 7:54p
<--already moved out.

Recession may be bad here too but hey, at least I have guaranteed health care. ;)
59
davewasbaloo
Sat 10/31/2009 12:10a
I hear you X - and thank goodness with all the medical problems in my family lately. I was laid off in May and set up my own company. I have had almost weekly medical appointments since July. I fear this would not have been the case had I still have been in the US.
60
Mr X
Sat 10/31/2009 2:00a
Not if you set up your own company it wouldn't.

Unless you had no pre-existing conditions, of course.
All times are Pacific Time (US)

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