Back to Recession ?

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Shirib
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Back to Recession ?

Post by Shirib »

If any of you guys been paying attention, the Dow plunged 500 points today and it plunged over 300 the previous two days also. Lost 10% in the last 10 days. THAT'S HUGE

In Europe the debt crisis looks bad, with Spain and Italy now looking like they might need a bail out, or risk defaulting

Are we going back to a recession, is it gonna be as bad as 2008? Do any of you guys care? Thoughts, inputs?
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Re: Back to Recession ?

Post by Advo »

Recession wont effect me, I am still a poor college student just like last time and I wouldnt mind the gas coming down again to affordable prices.
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Re: Back to Recession ?

Post by sexy-kitten »

Advo wrote:Recession wont effect me, I am still a poor college student just like last time and I wouldnt mind the gas coming down again to affordable prices.
:lol: :lol: That's what i said too... But just wait till your financial aid money gets delayed. Blame Sally Mae for future problems.
Advo
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Re: Back to Recession ?

Post by Advo »

sexy-kitten wrote:
Advo wrote:Recession wont effect me, I am still a poor college student just like last time and I wouldnt mind the gas coming down again to affordable prices.
:lol: :lol: That's what i said too... But just wait till your financial aid money gets delayed. Blame Sally Mae for future problems.
If my financial aid gets delayed, we finna have a huge problem cus I will not take out a loan!!

Imma start dealing to make end meets in that case :lol:
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Knight of Wisdom
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Re: Back to Recession ?

Post by Knight of Wisdom »

Advo wrote:
Imma start dealing to make end meets in that case :lol:
:lol: :lol: :lol:
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Re: Back to Recession ?

Post by union »

We need to go to war. A major war. That's the only way to fix the economy.



vote for UNION, POTUS :up: :D
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tightrope
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Re: Back to Recession ?

Post by tightrope »

union wrote:We need to go to war. A major war. That's the only way to fix the economy.



vote for UNION, POTUS :up: :D
THE USA WILL EVENTUALLY INVADE SOUTHERN SOMALIA...
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Methylamine
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Re: Back to Recession ?

Post by Methylamine »

tightrope wrote:
union wrote:We need to go to war. A major war. That's the only way to fix the economy.



vote for UNION, POTUS :up: :D
THE USA WILL EVENTUALLY INVADE SOUTHERN SOMALIA...
Where's Aidiid when you need him?
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Re: Back to Recession ?

Post by FAH1223 »

a double dip
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Re: Back to Recession ?

Post by Moguul21 »

hech yeah, all blame should go to the republicans, they want country to go back to recession so they can unseat mr dhagoweyne & harry weirdo :lol:
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Shirib
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Re: Back to Recession ?

Post by Shirib »

FAH1223 wrote:a double dip

Yea its beginning to look like that. A double dip would be devastating and I don't think government could help it much then
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Shirib
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Re: Back to Recession ?

Post by Shirib »

union wrote:We need to go to war. A major war. That's the only way to fix the economy.



vote for UNION, POTUS :up: :D

2 wars, isn't that what ruined the economy?
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Re: Back to Recession ?

Post by FAH1223 »

Well, unemployment dropped to 9.1 percent. 117,000 new jobs were created in July.

Guess the market is responding to the Europeans and their debt crisis... like Italy for example.
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Shirib
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Re: Back to Recession ?

Post by Shirib »

FAH1223 wrote:Well, unemployment dropped to 9.1 percent. 117,000 new jobs were created in July.

Guess the market is responding to the Europeans and their debt crisis... like Italy for example.
Yea it was up today initially with the news of more employment, but now its back down. Looks like we're following the European market
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Re: Back to Recession ?

Post by union »

Shirib wrote:
union wrote:We need to go to war. A major war. That's the only way to fix the economy.



vote for UNION, POTUS :up: :D

2 wars, isn't that what ruined the economy?

That's because the weak liberals of today don't know how to fight wars. Had America been pumping the oil and taking the minerals of both Iraq and Afghanistan, there would be no reccesion. :|
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