if the US Economy goes into Recession

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Lord Diplock
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if the US Economy goes into Recession

Post by Lord Diplock »

Does that mean: most Somalis there will be unemployed (unskilled one at anyrate) and those in other western nation will also suffer (perhaps lose thier employment) and the upshot: people back home to go suffer big time?

I am concern if the UK economy goes south in this year, I might lose my livelihood and fail to finish my studies. All the pundits are predicating tough times ahead, falling house prices, raising cost of living etc.

My crazy Salafi mates wants 'our' (UK) economy to implode and hence, the end of western hegemony. I am against him and he reckons I am not a good muslim.

Are you worried about the economical outlook of the country you live in? your job?
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maria from west side
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Re: if the US Economy goes into Recession

Post by maria from west side »

Lord dipshit bado upo hai.....
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Gedo_Boy
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Re: if the US Economy goes into Recession

Post by Gedo_Boy »

There will be a serious effect on stuff, but a lot of people who had Variable Rate Mortgages are in some serious trouble.

Since I don't own a home, I'm trying to figure out how it will affect me directly.
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The-Screw
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Re: if the US Economy goes into Recession

Post by The-Screw »

a recession is just what this country needs, here's an article that i read a while back that you might be interested in reading. http://www.economist.com/finance/displa ... id=9687245
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AbdiWahab252
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Re: if the US Economy goes into Recession

Post by AbdiWahab252 »

Screw,

Excellent article.

I work in a industry not affected by recessions.
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Re: if the US Economy goes into Recession

Post by Unclebin- »

Recession means 2 periods (quarters) of negative growth....

You americans act like you are about to die...... I can't take lou dobbs or whatever his name is an his calacaal on CNN and there tabliod news...LOOOL
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AbdiWahab252
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Re: if the US Economy goes into Recession

Post by AbdiWahab252 »

Ub,

Thats great to say since u are a Canuck and got that free healthcare.

My biggest worry is not getting ill without health insurance between jobs
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Re: if the US Economy goes into Recession

Post by Voltage »

No it means get your money out of the Banks while you can and stash it under your beds!
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AbdiWahab252
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Re: if the US Economy goes into Recession

Post by AbdiWahab252 »

Voltage,

No need to panic but I do recommend shifting away from currency into tangible stuff.

I have poured money into different ventures in Kenya, Tanzania and the Congo.
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Re: if the US Economy goes into Recession

Post by Unclebin- »

AW

Canada is in great growth but inflation is killer......

This place is a jungle... Everything is going up in price and it's all because of oil...... Even though Canada has the second highest reserves in the world.... But the government doesn't subsidize jack....

They actually tack on 30-40cents of Tax per litre.....That means a litre which cost 60-70 cents is about a dollar...

Thats why we enjoy all these freebies....

WERE TAXED WHEN WE DON'T EVEN KNOW !
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Re: if the US Economy goes into Recession

Post by Voltage »

Abdiwahab, the whole god damn word will take a plunge when and if the U.S does. The only thing you should be "shifting" to is coins. Trade your currency in for their values worth of gold and silver, protected for life is what you are
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AbdiWahab252
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Re: if the US Economy goes into Recession

Post by AbdiWahab252 »

UB,

Personally, if I got guaranteed healthcare, i would rejoice. I basically work the job I have because of the health insurance. If I had a wife who gave me coverage through her policy, I do stuff that I really like: starting my own business or writing a book.

On the up and up, I qualify to move to Canada as a skilled immigrant.
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Re: if the US Economy goes into Recession

Post by Unclebin- »

This whole recession is a jewish backed plan...> They want to pick up all the property, stocks and etc for pennies on the dollar.....


AW


Move here dude.... America is a dying nation.... the EURO IS THE NEW WORLD CURRENCY.... Your green backs will be worth as much as toilet paper soon.
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Re: if the US Economy goes into Recession

Post by Moguul21 »

I agree with Abdi hutu,

Luckiest bastards are the ones who work for the goverment cause they don't worry about layoffs
Most people who work for private companies worry about layoffs and losing medical coverage
especially families with morgages and without health care

Bad times to be single man
cause if you got wifey who is insured you don't have to worry
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Re: if the US Economy goes into Recession

Post by Lord Diplock »

[quote="maria from west side"]Lord dipshit bado upo hai.....[/quote]

Ninaisha bado sis, mambo mengi ime change.
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