if the US Economy goes into Recession
Moderators: Moderators, Junior Moderators
Forum rules
This General Forum is for general discussions from daily chitchat to more serious discussions among Somalinet Forums members. Please do not use it as your Personal Message center (PM). If you want to contact a particular person or a group of people, please use the PM feature. If you want to contact the moderators, pls PM them. If you insist leaving a public message for the mods or other members, it will be deleted.
This General Forum is for general discussions from daily chitchat to more serious discussions among Somalinet Forums members. Please do not use it as your Personal Message center (PM). If you want to contact a particular person or a group of people, please use the PM feature. If you want to contact the moderators, pls PM them. If you insist leaving a public message for the mods or other members, it will be deleted.
-
- SomaliNet Heavyweight
- Posts: 3807
- Joined: Wed Jun 22, 2005 2:56 pm
if the US Economy goes into Recession
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?
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?
- maria from west side
- SomaliNet Heavyweight
- Posts: 4694
- Joined: Sun Oct 03, 2004 6:31 am
- Location: Iceland
- Contact:
Re: if the US Economy goes into Recession
Lord dipshit bado upo hai.....
Re: if the US Economy goes into Recession
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.
Since I don't own a home, I'm trying to figure out how it will affect me directly.
- The-Screw
- SomaliNet Super
- Posts: 19924
- Joined: Thu Oct 18, 2001 7:00 pm
- Location: Somewhere in the PNW
Re: if the US Economy goes into Recession
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
- AbdiWahab252
- SomaliNet Super
- Posts: 56715
- Joined: Mon Jul 14, 2003 7:00 pm
- Location: Unity. Strength. Capital.
Re: if the US Economy goes into Recession
Screw,
Excellent article.
I work in a industry not affected by recessions.
Excellent article.
I work in a industry not affected by recessions.
-
- SomaliNet Super
- Posts: 5303
- Joined: Thu Sep 07, 2006 11:52 am
- Location: shibis, shangaani iyo shabellehoose= Shanshi Serenity
Re: if the US Economy goes into Recession
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
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
- AbdiWahab252
- SomaliNet Super
- Posts: 56715
- Joined: Mon Jul 14, 2003 7:00 pm
- Location: Unity. Strength. Capital.
Re: if the US Economy goes into Recession
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
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
- Voltage
- SomaliNet Super
- Posts: 29214
- Joined: Tue Oct 23, 2007 11:33 pm
- Location: Sheikh Voltage ibn Guleid-Shire al-Garbaharawi, Oil Baron
Re: if the US Economy goes into Recession
No it means get your money out of the Banks while you can and stash it under your beds!
- AbdiWahab252
- SomaliNet Super
- Posts: 56715
- Joined: Mon Jul 14, 2003 7:00 pm
- Location: Unity. Strength. Capital.
Re: if the US Economy goes into Recession
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.
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.
-
- SomaliNet Super
- Posts: 5303
- Joined: Thu Sep 07, 2006 11:52 am
- Location: shibis, shangaani iyo shabellehoose= Shanshi Serenity
Re: if the US Economy goes into Recession
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 !
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 !
- Voltage
- SomaliNet Super
- Posts: 29214
- Joined: Tue Oct 23, 2007 11:33 pm
- Location: Sheikh Voltage ibn Guleid-Shire al-Garbaharawi, Oil Baron
Re: if the US Economy goes into Recession
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
- AbdiWahab252
- SomaliNet Super
- Posts: 56715
- Joined: Mon Jul 14, 2003 7:00 pm
- Location: Unity. Strength. Capital.
Re: if the US Economy goes into Recession
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.
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.
-
- SomaliNet Super
- Posts: 5303
- Joined: Thu Sep 07, 2006 11:52 am
- Location: shibis, shangaani iyo shabellehoose= Shanshi Serenity
Re: if the US Economy goes into Recession
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.
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.
- Moguul21
- SomaliNet Heavyweight
- Posts: 2804
- Joined: Tue Jul 15, 2003 7:00 pm
- Location: 10,000 lakes
- Contact:
Re: if the US Economy goes into Recession
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
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
-
- SomaliNet Heavyweight
- Posts: 3807
- Joined: Wed Jun 22, 2005 2:56 pm
Re: if the US Economy goes into Recession
[quote="maria from west side"]Lord dipshit bado upo hai.....[/quote]
Ninaisha bado sis, mambo mengi ime change.
Ninaisha bado sis, mambo mengi ime change.
-
- Similar Topics
- Replies
- Views
- Last post
-
- 8 Replies
- 548 Views
-
Last post by Basra-
-
- 4 Replies
- 400 Views
-
Last post by Kolombo
-
- 10 Replies
- 400 Views
-
Last post by *Nobleman*
-
- 31 Replies
- 1098 Views
-
Last post by ms.naliaa
-
- 31 Replies
- 1404 Views
-
Last post by SahanGalbeed
-
- 0 Replies
- 222 Views
-
Last post by SultanBilal
-
- 48 Replies
- 1764 Views
-
Last post by Murax
-
- 0 Replies
- 258 Views
-
Last post by PH.D.
-
- 13 Replies
- 439 Views
-
Last post by dawwa9