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Second Dip

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  • Shpira
    Angry Boy Child
    • Oct 2006
    • 4970
    #1

    Second Dip

    Hey ya'all just wanted to let you know that I believe we are now entering the second dip of the global recession. Or a new recession...well its actually a "depression" if we are to be technical...but for some reason people don't like that word. This just means it is a consolidation of credit...too much was lent out i.e. banks over leveridged themselves and now our economies are shrinking...because of lack of credit. There have been no negative GDP figures so far but be sure the next 6-9 months will bring some...I have to keep a pulse on economic indicators...and nothing is good...the fact that construction is slowing down globally is a good indicator of things to come...as with every recession its the first thing to suffer along with property prices...I could give you a long justification as to why I am so sure of this but since I am pretty sure it will be worse than the first one (as it involves a real possibility of default on sovereign debt) instead ...I say Best of luck to all of you!
    try and keep your heads above the water...
    The Idiots ARE Winning.


    "Whenever you find yourself on the side of the majority, it's time to pause and reflect."
    Mark Twain

    SOBRIETY MIX
    Tags: None
    • floridaorange
      I'm merely a humble butler
      • Dec 2005
      • 29125
      #2
      Re: Second Dip

      I give it 6 more years... hold on to your hats kids.

      It was fun while it lasted...

        Comment

        • Shpira
          Angry Boy Child
          • Oct 2006
          • 4970
          #3
          Re: Second Dip

          ? 6 years till what?
          The Idiots ARE Winning.


          "Whenever you find yourself on the side of the majority, it's time to pause and reflect."
          Mark Twain

          SOBRIETY MIX

            Comment

            • floridaorange
              I'm merely a humble butler
              • Dec 2005
              • 29125
              #4
              Re: Second Dip

              Originally posted by Shpira
              ? 6 years till what?
              6 years until employers are hiring, jobs are created, houses aren't all in foreclosure, etc etc etc etc etc

              It was fun while it lasted...

                Comment

                • Illuminate
                  DUDERZ get a life!!!
                  • Aug 2009
                  • 5153
                  #5
                  Re: Second Dip

                  Yeah I give it 6.
                  Then some more greedy bastards will most likely stuff it up again.
                  Yes it's a cycle. Economic efficiency at its finest.
                  The One contains the Many, and the Many contains the One:
                  Sbando                   - You Will Be Missed.
                  "Mankind has the propensity to fuck itself up on anything it lays its hands on."
                  Feather
                  "Who moderates this forum and makes these decisions? Stevie Wonder?"
                  Bob
                  "i'd give her a muscle she doesn't have "
                  the banned1
                  "I love you Illuminate... that's divine/creator/God in me loving the origin of you."
                  KiwiTollway


                    Comment

                    • Shpira
                      Angry Boy Child
                      • Oct 2006
                      • 4970
                      #6
                      Re: Second Dip

                      well we did see some growth...the benchmark really is when we reach the previous GDP size inflation adjusted...
                      The Idiots ARE Winning.


                      "Whenever you find yourself on the side of the majority, it's time to pause and reflect."
                      Mark Twain

                      SOBRIETY MIX

                        Comment

                        • floridaorange
                          I'm merely a humble butler
                          • Dec 2005
                          • 29125
                          #7
                          Re: Second Dip

                          Not Found - Charlie Rose
                          http://www.charlierose.com/view/interview/11852
                          Page currently unavailable.

                          It was fun while it lasted...

                            Comment

                            • Illuminate
                              DUDERZ get a life!!!
                              • Aug 2009
                              • 5153
                              #8
                              Re: Second Dip

                              Originally posted by floridaorange
                              http://www.charlierose.com/view/interview/11852
                              Nicely put by Greg Ip.
                              The One contains the Many, and the Many contains the One:
                              Sbando                               - You Will Be Missed.
                              "Mankind has the propensity to fuck itself up on anything it lays its hands on."
                              Feather
                              "Who moderates this forum and makes these decisions? Stevie Wonder?"
                              Bob
                              "i'd give her a muscle she doesn't have "
                              the banned1
                              "I love you Illuminate... that's divine/creator/God in me loving the origin of you."
                              KiwiTollway


                                Comment

                                • Shpira
                                  Angry Boy Child
                                  • Oct 2006
                                  • 4970
                                  #9
                                  Re: Second Dip

                                  That Farzad guy is so full of shit continuously "The Chinese enjoying the show" - no fucking clue...guy is not too bright...Greg Ip states truths...but pretty obvious...
                                  In fact Farzad is soooooooo full of shit...reminds of a politician talking about the economy. I want media that talk facts not god damn bullshit; is that too much to ask for??
                                  The Idiots ARE Winning.


                                  "Whenever you find yourself on the side of the majority, it's time to pause and reflect."
                                  Mark Twain

                                  SOBRIETY MIX

                                    Comment

                                    • floridaorange
                                      I'm merely a humble butler
                                      • Dec 2005
                                      • 29125
                                      #10
                                      Re: Second Dip

                                      Originally posted by Shpira
                                      That Farzad guy is so full of shit continuously "The Chinese enjoying the show" - no fucking clue...guy is not too bright...Greg Ip states truths...but pretty obvious...
                                      In fact Farzad is soooooooo full of shit...reminds of a politician talking about the economy. I want media that talk facts not god damn bullshit; is that too much to ask for??
                                      You should send them a letter educating them on reality.

                                      It was fun while it lasted...

                                        Comment

                                        • Shpira
                                          Angry Boy Child
                                          • Oct 2006
                                          • 4970
                                          #11
                                          Re: Second Dip

                                          I'd rather make money when it hits...
                                          The Idiots ARE Winning.


                                          "Whenever you find yourself on the side of the majority, it's time to pause and reflect."
                                          Mark Twain

                                          SOBRIETY MIX

                                            Comment

                                            • Illuminate
                                              DUDERZ get a life!!!
                                              • Aug 2009
                                              • 5153
                                              #12
                                              Re: Second Dip

                                              Originally posted by floridaorange
                                              You should send them a letter educating them on reality.
                                              Dear Mr. Farzad (If that is your real name),

                                              You are a useless piece of economical politicised two-faced puppet.

                                              Love,

                                              Reality.

                                              (Haters gonna hate)
                                              The One contains the Many, and the Many contains the One:
                                              Sbando                                               - You Will Be Missed.
                                              "Mankind has the propensity to fuck itself up on anything it lays its hands on."
                                              Feather
                                              "Who moderates this forum and makes these decisions? Stevie Wonder?"
                                              Bob
                                              "i'd give her a muscle she doesn't have "
                                              the banned1
                                              "I love you Illuminate... that's divine/creator/God in me loving the origin of you."
                                              KiwiTollway


                                                Comment

                                                • FM
                                                  Wooooooo!
                                                  • Jun 2004
                                                  • 5367
                                                  #13
                                                  Re: Second Dip

                                                  lost decade.

                                                  Maybe 2.

                                                  See: Japan.
                                                  FM

                                                  "Nowadays everyone is a fucking DJ." - Jack Dangers

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                                                    Comment

                                                    • Shpira
                                                      Angry Boy Child
                                                      • Oct 2006
                                                      • 4970
                                                      #14
                                                      Re: Second Dip

                                                      no...i don't think so...it would be difficult for such a thing to happen a global scale
                                                      The Idiots ARE Winning.


                                                      "Whenever you find yourself on the side of the majority, it's time to pause and reflect."
                                                      Mark Twain

                                                      SOBRIETY MIX

                                                        Comment

                                                        • Localizer
                                                          Platinum Poster
                                                          • Jul 2004
                                                          • 2021
                                                          #15
                                                          Re: Second Dip

                                                          my prediction: consolidating within 11k, then more downside to touch back at 9750.
                                                          Many people would sooner die than think; In fact, they do so.
                                                          -Bertrand Russell

                                                            Comment

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