The Depression Drives Forward

[Shpira]

Re: The Depression Drives Forward

http://www.reuters.com/article/2011/08/10/us-usa-poll-idUSTRE7794EX20110810

Economic fears are weighing heavily on Americans, with a large majority saying the United States is on the wrong track and nearly half believing the worst is yet to come, a Reuters/Ipsos poll said on Wednesday.

[FM]

Re: The Depression Drives Forward

Yea then this happened:

http://www.theatlanticwire.com/business/2011/08/sp-president-stepping-down-two-weeks-after-us-downgrade/41586/

Deven Sharma, president of Standard & Poor's, is stepping down from his position in the company, according to a report from the Financial Times.

Replacement? Citibank's current chief operating officer Douglas Peterson.

Conspiracy? Nahhhhh.

[FM]

Re: The Depression Drives Forward

The problem is if we are in a recession, depression, call it what you will, our technological advances and changes make it hard to detect.

That and the factors make it such where you have to be in a recession for some months anyway for it to officially be considered one.

[Shpira]

Re: The Depression Drives Forward

three consecutive GDP contraction quarters...not really the issue

[runningman]

Re: The Depression Drives Forward

the depression was postponed by QE1 and 2 and 3. Running out of bullets though. The depression will be worse now then it would have been in '08

[Shpira]

Re: The Depression Drives Forward

and...when exactly did QE 3 happen? Enlighten me please cuz you must have a direct line to god...

[runningman]

Re: The Depression Drives Forward

go find my previous posts in a different thread. I don't like repeating myself.

[runningman]

Re: The Depression Drives Forward

http://www.mercuryserver.com/forums/showthread.php?90853-Qe2

"Well you will probably (or probably have) heard of QE2. It is Quantitative Easing part 2. The mainstream media has put their propaganda twist on it so numbed brain Jersey Shore people will probably think it is a new Playstation game. In fact this isn't QE2 it is actually QE6. Let me expain

QE1 $152 Billion Economic Stimulus Act of 2008 (Feb 200
QE2 $700 Billion Emergency Economic Stabilization Act of 2008 (Oct. 200
QE3 $787 Billion American Recovery and Reinvestment Act of 2009 (Feb 2009)
QE4 $26 Billion Hire Act "Jobs Bill" (Mar 2010)
QE5 $30 Billion Small Business Jobs Act (Sept 2010)

QE6(aka QE2) was worth $600 billion Nov. 2010


You see I am smarter

[Shpira]

Re: The Depression Drives Forward

Lol...so because you decide to call something quantitative easing it is...do you even know what quantitative easing IS?
You're "smarter" than an average table perhaps yes...but definitely more arrogant than an average person. Good luck with that.

[floridaorange]

Re: The Depression Drives Forward

You're "smarter" than an average table perhaps yes...but definitely more arrogant than an average person. Good luck with that.

In RM's world, unless you've invented something, he's smarter.

[FM]

Re: The Depression Drives Forward

which now means the lucky number QE7 if passed is Obama's "Jobs Bill."

Jackpot!