OT: Who thinks we are heading for a depression?
#269774
03/15/09 07:37 PM
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Joined: Feb 2007
Posts: 14,586
Horn Dog
OP
Junk Yard Dog
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OP
Junk Yard Dog
Joined: Feb 2007
Posts: 14,586 |
Who knows what to believe nowadays. Some seem to think the recent small gains in the market are signs of recovery, while others are predicting a long recession or even a depression worse than the 1930s. I just wondered what my fellow dogs are thinking.
Horned, dangerous, and off my medication.
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Re: OT: Who thinks we are heading for a depression?
[Re: Horn Dog]
#269775
03/15/09 07:42 PM
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Joined: Sep 2006
Posts: 47,314
Private Klink
Junk Yard Dog
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Junk Yard Dog
Joined: Sep 2006
Posts: 47,314 |
Definitely a depression! After all, I had to pass on the HG-55! <img src="/ubbthreads/images/graemlins/frown.gif" alt="" /> <img src="/ubbthreads/images/graemlins/doh.gif" alt="" />
Junk Yard Dog #1 Moderator/Leader of the Pack Good night Mrs. B, wherever you are! Long Live the Brotherhood of the Yard!
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Re: OT: Who thinks we are heading for a depression?
[Re: Private Klink]
#269776
03/15/09 07:47 PM
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Joined: Feb 2007
Posts: 14,586
Horn Dog
OP
Junk Yard Dog
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OP
Junk Yard Dog
Joined: Feb 2007
Posts: 14,586 |
Definitely a depression! After all, I had to pass on the HG-55! <img src="/ubbthreads/images/graemlins/frown.gif" alt="" /> <img src="/ubbthreads/images/graemlins/doh.gif" alt="" /> That's even more depressing than cancelling the M9LE and missing the KZ! But these are small things compared to the big picture. What bothers me is the higher and higher food prices I see and yet the official inflation index is low. Do you think they forgot food and energy? So if people have to spend more of their income on necessities, won't that take away from other buying?
Horned, dangerous, and off my medication.
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Re: OT: Who thinks we are heading for a depression?
[Re: Horn Dog]
#269777
03/15/09 07:52 PM
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Joined: Sep 2006
Posts: 47,314
Private Klink
Junk Yard Dog
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Junk Yard Dog
Joined: Sep 2006
Posts: 47,314 |
Don't worry - Prezbo will take care of you! <img src="/ubbthreads/images/graemlins/barf.gif" alt="" /> Did you see how poorly he treated the British P.M. when he was here? Nothing like insulting the leader of our strongest ally nation!! <img src="/ubbthreads/images/graemlins/doh.gif" alt="" /> <img src="/ubbthreads/images/graemlins/banghead.gif" alt="" /> <img src="/ubbthreads/images/graemlins/banghead.gif" alt="" /> <img src="/ubbthreads/images/graemlins/doh.gif" alt="" />
Junk Yard Dog #1 Moderator/Leader of the Pack Good night Mrs. B, wherever you are! Long Live the Brotherhood of the Yard!
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Re: OT: Who thinks we are heading for a depression?
[Re: Private Klink]
#269778
03/15/09 07:56 PM
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Joined: Jan 2008
Posts: 1,177
Tikigod
Junk Yard Dog
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Junk Yard Dog
Joined: Jan 2008
Posts: 1,177 |
I think we are already in a depression. The big question is how long will it last? It seems like for the last year every estimate pushes it out for ~12 months before it will end. Kind of like the fabled 2 weeks.
JYD #80
[i]Live like you mean it.
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Re: OT: Who thinks we are heading for a depression?
[Re: Tikigod]
#269779
03/15/09 08:00 PM
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Joined: Feb 2007
Posts: 3,575
Bors
Junk Yard Dog
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Junk Yard Dog
Joined: Feb 2007
Posts: 3,575 |
I actually think we have already entered a depression and we are still on the down side of the curve. <img src="/ubbthreads/images/graemlins/sad.gif" alt="" />
JYD#14
Do you need one, of course you do it's a knife and you like knives.....
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Re: OT: Who thinks we are heading for a depression?
[Re: Tikigod]
#269780
03/15/09 08:01 PM
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Joined: Feb 2007
Posts: 14,586
Horn Dog
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Junk Yard Dog
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OP
Junk Yard Dog
Joined: Feb 2007
Posts: 14,586 |
We are in a recession for sure, but it hasn't reached the levels of the Great Depression yet. Maybe it won't. I just don't believe any of the "experts" anymore. They missed seeing this recession coming.
Horned, dangerous, and off my medication.
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Re: OT: Who thinks we are heading for a depression?
[Re: Tikigod]
#269781
03/15/09 08:01 PM
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Joined: Sep 2006
Posts: 47,314
Private Klink
Junk Yard Dog
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Junk Yard Dog
Joined: Sep 2006
Posts: 47,314 |
<img src="/ubbthreads/images/graemlins/eek.gif" alt="" /> Two weeks! <img src="/ubbthreads/images/graemlins/shocked.gif" alt="" /> <img src="/ubbthreads/images/graemlins/shocked.gif" alt="" />Not that!!! <img src="/ubbthreads/images/graemlins/shocked.gif" alt="" /> <img src="/ubbthreads/images/graemlins/shocked.gif" alt="" /> <img src="/ubbthreads/images/graemlins/shocked.gif" alt="" /> <img src="/ubbthreads/images/graemlins/eek.gif" alt="" />
Junk Yard Dog #1 Moderator/Leader of the Pack Good night Mrs. B, wherever you are! Long Live the Brotherhood of the Yard!
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Re: OT: Who thinks we are heading for a depression?
[Re: Horn Dog]
#269782
03/15/09 08:05 PM
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Joined: Feb 2007
Posts: 3,575
Bors
Junk Yard Dog
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Junk Yard Dog
Joined: Feb 2007
Posts: 3,575 |
We are in a recession for sure, but it hasn't reached the levels of the Great Depression yet. Maybe it won't. I just don't believe any of the "experts" anymore. They missed seeing this recession coming. They didn't miss it they just wanted to promote a positive image buy denying it. LOL
JYD#14
Do you need one, of course you do it's a knife and you like knives.....
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Re: OT: Who thinks we are heading for a depression?
[Re: Private Klink]
#269783
03/15/09 08:06 PM
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Joined: Feb 2007
Posts: 14,586
Horn Dog
OP
Junk Yard Dog
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OP
Junk Yard Dog
Joined: Feb 2007
Posts: 14,586 |
And I thought I was too pessimistic. Where are the optimists among us? So far, we don't a single vote for "no depression".
Horned, dangerous, and off my medication.
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Re: OT: Who thinks we are heading for a depression?
[Re: Horn Dog]
#269784
03/15/09 08:10 PM
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Joined: Feb 2007
Posts: 14,586
Horn Dog
OP
Junk Yard Dog
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OP
Junk Yard Dog
Joined: Feb 2007
Posts: 14,586 |
Oh wait, we have ONE who doesn't see a depression coming. Good!
Horned, dangerous, and off my medication.
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Re: OT: Who thinks we are heading for a depression?
[Re: Horn Dog]
#269785
03/15/09 08:10 PM
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Joined: Apr 2007
Posts: 1,257
crpoc
Junk Yard Dog
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Junk Yard Dog
Joined: Apr 2007
Posts: 1,257 |
I vote no. The stories my father told me about his experiences during The Great Depression lead me me to believe we are not there, yet.
JYD # 87
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