scandal917
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I think we're heading for the biggest economic downturn since the great depression. |
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stock_sniffer
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Hardly the crash already happened to the NASDAQ back in 2000. With technology the world's economy will just keep expanding as long as world production of needed resources can keep up to demand of industry and people without killing ourselves in the process from environmental disaster. |
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src50
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Don't be silly. This is nothing new. Do you realize that in the 1929 crash, markets declined 90%? In the 1987 decline, markets (globally) slid 23% in one day and 40% in two weeks. What's going on now is mild in comparison. |
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Dizzle
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Absolutely not. The market is a little slow right now, but it's not even worthy of the word recession. The Fed is going to continue to adjust interest rates and encourage spending. The economy will be just fine, no matter how much some people would like it to collapse, just so they can blame George Bush. |
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krazykarlsig
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All markets have been artificially inflated for some time. Right now a huge and due correction is going on. The dow will get to below 11,000 where it should be and then start climbing again.
That would be in a normal free market untouched by our socialist government. Unfortunately our national debt is excessive and is 1000X in your face more likely ruin this planet than global warming. Right now any equity stock is a pure speculative investment. |
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Ryan S
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the last poster is fuggin nuts, the Dow to - #'s... stop jerking off.
This is a minimal recession that is good for the overall economy. Think of it like a controlled burn of a forest, it is neccessary for the long-term health of the ecosystem.
If we would let this recession run it's course, then people would stop consuming as much, reduce debt levels, and the economy would "re-allocate" resources. |
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▲ßûІІѕ vÅŸ ßèÄÅ—Ñ•â–¼
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why do we have people start this kind of rumor to make the current situation worse? |
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tom
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Things are getting a whole lot worse a whole lot faster than you may think.
You may have heard of the Dow Theory? Over a hundred years ago Dow calculated when the market goes over 14000 it would cross a point of no return. And the corresponding down turn would achieve what is called critical market mass. This has been confirmed by the use of mathematical tools like the Fibonacci retracement. The folly of mice and men comes to mind. As the market begins its free fall, attempts will be made to correct this situation. But as the meddlers meddle with the market they will only make things worse. Each correction will be followed by an overcorrection. And the Dow chain reaction will begin. This will make 1929 crash look like child’s play. It is predicted that the DOW will fall so hard and so fast it will actually achieve negative numbers. Now there are naysayers and non believers in the DOW who do nothing to prepare. Admittedly monkeys are not men so how can God's own monkey George Walker Bush save us? We must ready ourselves for the inevitable to come. |
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evelinka420
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Well considering the fact that we're way in over our head in debt, we continue to spend on a never-ending war (about $14 billiona month!), most of the people who have ARM mortgages their rates did not reset yet (so there's more to come...)... i would say we're in a bad situation.
But at the same time, the dollar is declining which means we can export more and people from other parts of the world are more inclined to come here to travel and buy our products because to them it will be cheaper (because of the exchange rates) so that may be a boost---- however, I don't think it will stop a recession from coming.
If we tax the rich, they will just move their investments, etc to another country and that will only hurt us
Tough situation. I don't see anything too positive right now. |
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piet lul
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you ain't seen nothing yet. |
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butterfly234
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I think so ... it's a delicate situation and they are not telling us certain things.. but basically you ain't seen nothin' yet |
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?
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WE LIVE IN A MATERIAL WORLD!
BUT BEHIND THE SCENE IS A SPIRITUAL WORLD FROM WHICH ALL THINGS CAME FROM AND WILL COME FROM.
IF THE ONLY THING YOU ARE LOOKING AT IS THE MATERIAL WORLD, YOU MIGHT AS WELL BELIEVE THAT THE STOCK MARKET IS THE ONE THING THAT WILL DETERMINE THE FINANCIAL SUCCESS OF INDIVIDUALS AND OUR COUNTRY...
HOWEVER IF YOU KNOW THE TRUTH... YOU WILL RELY ON THE WORD OF GOD... SPECIFICALLY (OF MANY THINGS) READ MALICHI CHAPTER 3... STARTING WITH THE WORDS, "FOR I AM THE LORD I CHANGE NOT. THEREFORE YOU SONS OF JACOB ARE NOT CONSUMED..."
THE SPIRIT WORLD HAS MORE INFLUENCE IN OUR NATURAL WORLD THAN MOST WILL ACKNOWLEDGE OR UNDERSTAND... SO START LEARNING, PACTICING AND BELIEVING SPRITUAL PRINCIPALS.... IF YOU DO... YOU WILL STAND, AND HAVE GREAT SUCCESS, EVEN IF THE STOCK MARKET CRASHES.
[AND REMEMBER, "FEAR", IN ANY FORM COMES FROM SATAN (FROM THE SPIRIT WORLD), AND GOD COMMANDS US NOT TO HAVE FEAR, BECAUSE HE (OUR HEAVENLY FATHER) HAS NOT GIVEN US A SPIRIT OF FEAR....(DID YOU CATH THAT? --"FEAR" IS A SPIRIT!)..AS A MATTER OF FACT HE COMMANDS THAT WE FEAR (REVERENCE) HIM ONLY. ] IF YOU ARE AFFRAID OR DISMAYED ABOUT A CRASH ,IT IS PROOF YOU NEED TO DRAW CLOSER TO GOD...
HIP-HIP-HURRAY FOR JESUS CHRIST! |
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