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Still No Recession?

Let's see. Last month, jobs increased by only 18,000, worst since 2004. Unemployment rose to 5%. Oil is trading around 100 bucks a barrel. The stock market is at 12,800. Automobile manufacturers...

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Re: Still No Recession?

Yes. Perception and belief are tightly bound together. You can literally see things that are not there...and fail to see things that are.

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Re: Still No Recession?

Yikes. How is it looking for your division? Stable or questionable?

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Re: Still No Recession?

Well I am in the HQ so I assume we are ok. There are still quite a few other branhes from South Fla to Cali... Perception and belief are tightly bound together. You can literally see things that are...

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Re: Still No Recession?

Well thats good. HQ's do normally have a higher survival rate than the remote offices.

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Re: Still No Recession?

When your neighbor or co-worker loses their job we are in a Recession. When you lose your job we are in a Depression !!!

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Re: Still No Recession?

Quote:When your neighbor or co-worker loses their job we are in a Recession. When you lose your job we are in a Depression !!! ...and when the Democratic politicians lose theirs, we are in a recovery

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Re: Still No Recession?

*ZING*I think the zing of the day belongs to gafrank! That was on target...

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Re: Still No Recession?

Hey, I've figured out how we are going to get lower gas prices, which we all believed would happen before the election.Seems that concern about a US recession from the markets abroad have caused these...

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Re: Still No Recession?

Since I'm no economist, I have a legit question here...If there's no recession, then why the stimulus plan by Bush and why the huge cut in key rates today? (I'm not being a smart a$$, I'm honestly...

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Re: Still No Recession?

because you dont wait till the patient is dead before you treat him.Seriously, Just because we aren't in a recession today doesn't mean we wont get there. The economy obviously has week parts. Doesn't...

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Re: Still No Recession?

Quote:Seriously, Just because we aren't in a recession today doesn't mean we wont get there. The economy obviously has week parts. Doesn't it make sense to address them now instead of waiting for a...

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Re: Still No Recession?

3/4 of a percent? Can you believe that on top of the decrease that had already happened?Back when the Fed was raising rates at every chance they got, in order to slow down the economy, I was thinking...

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Re: Still No Recession?

I believe that the average length of a recession since WWII is 10 months. So IF we have, or are about to begin one, it should end just in time for the next President to claim credit for ending it

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Re: Still No Recession?

Very interesting timing wouldn't you say?__________________________________________________________________________________________________Some People Make Things Happen, Some Watch Things Happen,...

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Re: Still No Recession?

interesting but not surprising. We had a recession at the end of Bush I's term and a recession at the end of Clinton's term

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Re: Still No Recession?

Did ya'll see the news today on the BIG SCARE today at the NY Stock Exchange? RECESSION??? I also heard Sprint was closing some of their stores!

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Re: Still No Recession?

One of the things that aids a recession is the fear of the unknown. I mention this only because a year or so ago, I looked at the potential candidates who would run for President and said to myself,...

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Re: Still No Recession?

Quote:That makes sense. Who determines the actual "recession" or is it just perception?The classic definition is negative growth as it relates to GDP - which we are NOT having. From a blog that I read...

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Re: Still No Recession?

Sorry to say, looks like it's about time to resurrect this thread.

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