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Old 05-14-2009, 04:04 AM   #51
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Default Re: Is The Recession Over?

it'll be over when they want it to be over

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Old 05-14-2009, 08:22 PM   #52
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Default Re: Is The Recession Over?

It's not over... We are not even at the bottom.

This is financial forecasting reports from Bob Chapman from theinternationalforecasting.com I am subscribers and you should subscribe to his newsletter... He saved me lots of money.

050909(3)IF.pdf

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Old 05-16-2009, 02:27 PM   #53
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Default Re: Is The Recession Over?

You know what tickles me the most is that during the great depression. We had an alternative which was called the cold standard. We now do not even have that. Gold is basically worthless. Yet We find ourselves investing in it because of othe countries still having some type of gold standard. I also still believe that the amero is going to be the new us currency. Why else would we trade over half of are debt with china and other countries for the amero if we where not planingto deminish the dollar. I also beleave that before years end or early next year we are going to be going through a peoples revolution or another civil war in the us. This is just my honest oppionion I have had a problem with our government since I was 11 I never registered to vote until this year and for good reasons. I mean come on how can you vote for a bush an obama a mccain and all of the other idiots we have voted for or against. Our goverment is the source of the problem the sooner we realize this the better of this country will be. Why do you think we have had 8 years of none stop war since 2001 then prior to that 8 years off away from war. Then 8years before the war for those 8 years. Why don't we jsut stay the hell out of it and let these third world retards wipe each otheroff the map. Then we no longer have to fight for their oil or other resources.

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Old 05-16-2009, 02:35 PM   #54
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Default Re: Is The Recession Over?

I think it has def bottoed out, i work in the oil industry as my main job. Alot more optimisim now in the oil price and outlook.

Hopefully all the lessons have been learnt and none of our children have to see anything like this again.....

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Old 05-16-2009, 02:39 PM   #55
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Default Re: Is The Recession Over?

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Originally Posted by Ron Douglas View Post
To play devils advocate - if the recession was at a bottom and on the verge of being over, would the masses know it?
That's the thing, the masses won't. The recession is not over until the media says it is.

In my humble opinion, it's definitely in the process of recuperating. Just keep your eyes on the stock market, if it continues to go up, it's over regardless of what the media says.

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Old 05-16-2009, 02:42 PM   #56
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Default Re: Is The Recession Over?

There are two sides to every coin.

In the UK, if you are looking to buy property (real estate), particularly domestic property, such as a house or apartment, or looking to up-size on your existing dwelling, now is the time to do it - provided you can afford it.

Pawn brokers, bailiffs and firms specialising in liquidations and receiverships probably have no complaints.

Most other institutions and individuals are probably not doing so well. I'm not, at least off line I am not. I have lost a great deal of money.

I think that it will be 12 to 18 months before things start to pick up again and pick up they will. Recessions come and go and despite what we might have learned about the assumed causes of this one, another one will pop up in a decade or so.

But I'm sure we'll ride that one out too - such is life!

Just my thoughts,

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Old 05-16-2009, 02:43 PM   #57
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Default Re: Is The Recession Over?

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Originally Posted by Daniel Molano View Post
That's the thing, the masses won't. The recession is not over until the media says it is.

In my humble opinion, it's definitely in the process of recuperating. Just keep your eyes on the stock market, if it continues to go up, it's over regardless of what the media says.
The media is behind why it got so bad. They are just not talking about it as much anymore because of the swine flu. Which I believe to be some sort of cover up for something bigger working behind the scenes that we are not aware of yet. Soley because we are left in the shadows because the media is refusing to disclose such information.

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