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-   -   Do you think we are heading into a depression? (https://gfy.com/showthread.php?t=878068)

TTiger 12-27-2008 08:07 PM
threat bookmark

DWB 12-27-2008 08:47 PM
Quote:
Originally Posted by marketsmart (Post 15251192)
you aint seen nothin yet...

the banks and govt are lying about the total losses just to avoid total market collapse..

the banks dont even know how much money they have lost in the derivative market..

this is why even with the bailouts and the loan rate at 0%, the credit markets are still frozen up for the consumer...

by mid 2009, people will start seeing what a depression is all about..

its going to be sad times for a lot of people..
:2 cents::thumbsup

Walrus 12-27-2008 09:59 PM
We've been in a recession since December of 2007. Many economists are predicting it will end around May. It will still be an upward battle after it ends. It will take an entire year after that before things are normal again. This is of course if we aren't in some real serious shit. It is possible that it's worse than this. Only time will tell.

shahab6 12-28-2008 12:30 AM
probably not, but we are most likely going to be in this recession for another year at least

EscortBiz 12-28-2008 12:32 AM
Quote:
Originally Posted by Walrus (Post 15252408)
We've been in a recession since December of 2007. Many economists are predicting it will end around May. It will still be an upward battle after it ends. It will take an entire year after that before things are normal again. This is of course if we aren't in some real serious shit. It is possible that it's worse than this. Only time will tell.
these are the same people who said mid 08 then end 08 not mid 09

if your gonna say things will get worse or better at whatever point give a reason why (i mean the economists)

spunkmaster 12-28-2008 01:01 AM
http://forbestadvice.com/Money/Gurus...radley2009.GIF

iMind 12-28-2008 01:08 AM
hold on to 'er newt, we're headed fer the rhubarb!

mynameisjim 12-28-2008 02:40 AM
I'll take anyone up on a bet that its not going to be as bad as all this dooms day scenario talk.

It will be deep recession about in line with other deep recessions but this talk of depression is overblown. You will see a trend upwards before 2009 is over.

mrkris 12-28-2008 09:56 AM
Quote:
Originally Posted by dav3 (Post 15251262)
Off Topic - Yea, but we can't just keep shitting all over the Earth.
http://akalol.files.wordpress.com/20...happening1.jpg

John-ACWM 12-28-2008 11:11 AM
Nope...not for now :winkwink:

GetSCORECash 12-28-2008 11:11 AM
I don't see anything being posted in the news media that says we are getting out of this any time soon. The big deal is that nobody has any confidence, that they are secure in their job.

Even those of us in adult are scared, that our customers are not pulling out their credit cards and buying. If this decline in sales keeps up, it's easy to say that in five years some of us won't be here.


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