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Ashton
Comedian
Username: Ashton

Post Number: 1710
Registered: 05-2008
Posted From: 67.159.45.53

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Posted on Monday, August 17, 2009 - 05:54 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

The small town I work in is still feeling the ripple affects. The Kmart is closing in November and a Grocery store in December. That will be 100 people out of jobs, which may not seem like that many, but in a small town with no jobs available at all, and most of these people that lost their jobs are elderly who have been at those stores forever and are not even making ends meet, it is a horrible time.
Oy Oy

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Ashton
Comedian
Username: Ashton

Post Number: 1709
Registered: 05-2008
Posted From: 67.159.45.53

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Votes: 1 (Vote!)

Posted on Monday, August 17, 2009 - 05:52 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

The economy is going to tank. They are false signs and Obama has done nothing to make this economy come back to life.


Parachute drops of large amounts of money really has no long term value, if they really want long-term growth, lets try less taxes on everybody, business and individuals. That would bring stability instead of the uncertainty we see now.



Obama failed completely.....
Oy Oy

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Pulpfiction
Side Hero
Username: Pulpfiction

Post Number: 6178
Registered: 02-2009
Posted From: 171.68.85.123

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Posted on Monday, August 17, 2009 - 05:33 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

usa is in , for a big collapse .. it is a matter of time ..

it is inevitable ..

europe and BRIC is the way of future for the sheer productivity they are showing ..
Day should start with passion,plan and end with contentment.
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Ashton
Comedian
Username: Ashton

Post Number: 1706
Registered: 05-2008
Posted From: 67.159.45.53

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Posted on Monday, August 17, 2009 - 05:32 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Pathfinder:




Several economists like Harry Dent and Peter Schiff are saying this is the rally before the collapse. They are saying end of 2009 to early 2010 the real depression will begin. We'll see how it turns out, but if healthcare passes or if congress decides to do another stimulus, the debt load that adds to this country could indeed be the spark that ignites the collapse of the dollar.
Oy Oy

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Pathfinder
Junior Artist
Username: Pathfinder

Post Number: 619
Registered: 04-2009
Posted From: 207.112.53.96

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Posted on Monday, August 17, 2009 - 05:15 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Wrathchild:




It's a L shaped Recovery annaru, recession kaadu
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Wrathchild
Side Hero
Username: Wrathchild

Post Number: 7115
Registered: 03-2009
Posted From: 192.146.101.71

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Posted on Monday, August 17, 2009 - 12:31 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

its a L shaped recession ani chepparu ga eppudo
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Politricks
Side Hero
Username: Politricks

Post Number: 5368
Registered: 03-2008
Posted From: 75.75.78.185

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Posted on Monday, August 17, 2009 - 12:30 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Chaaaa....yeppudu utla U shape ki osthado!!
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Pathfinder
Junior Artist
Username: Pathfinder

Post Number: 618
Registered: 04-2009
Posted From: 66.11.89.241

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Posted on Monday, August 17, 2009 - 12:24 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

First they said it was 'V' shaped recession

Next thing to say

was it's gonna be a prolonged 'U' shaped one

& the next thing after that is

'W' shaped recession

Right now it seems we are now in U shaped recession & heading towards W

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