Recession to end in June?

re: Recession to end in June?

mitch — Sat, 30 May 2009 02:39:12 GMT

HEYY!!! how you doing

re: Recession to end in June?

WealthAlchemist — Sat, 14 Mar 2009 15:51:06 GMT

Well, I think unemployment rate and consumer effect will kick in later this year, and recession won't be gone until early next year 2010. Here is some more info:

www.wealthalchemist.com/.../wall-street-ge-news-economy-rebound

re: Recession to end in June?

Jay B — Fri, 13 Feb 2009 09:43:01 GMT

This is an interesting article. It's the day be for Valentines Day, February, 2009 and the stock market is at an all-time low. Maybe....

re: Recession to end in June?

Susan M. Stockwell — Mon, 15 Dec 2008 21:04:30 GMT

I don't feel as though this is just beginning of the recession. I truly beleive that because the banking industry lowered the standards for individuals to take out loans that they truly couldn't affored to pay back at the time of being approved, it weakend our economy. Allowing companies to take more monies out on credit because they were crumbling from taking too many luxury trips, etc. shouldn't have ever been approved in the first place.

Going to war has also totally weakend our economy. We are in such a recession, I don't believe that it will be any time soon that we recoup from this deficet.

re: Recession to end in June?

Lil Ugly — Tue, 02 Dec 2008 14:04:57 GMT

WE THE PEOPLE, have we forgotten. The problem as I see it is that "we" have done more than just lost control of our government and economy. We have forgotten more than just our past and where we came from. WE have forgotten that "WE" are the solution to our own problem. American have to take control of our own lives and issues and quit expecting that someone else can or is supposed to fix it. This means starting within our own homes. Spend within our means, control our discretionary spending, plan for the future like our forefathers planned, make our families/friends our priorities. As we do these things we remove the ability of media, and commercial powers to fleece us of our hard earned money. As we remove the power from these irresponsible, greed driven entities the government will fall back in line. Why would the government do this? Because we are the government, they are a representation of US.

re: Recession to end in June?

TokiToki — Tue, 02 Dec 2008 07:16:36 GMT

Well, I wish this economic crisis is all political shows but the numbers that I read does not tell me so. That's the worst part. America is in debt. Europe is in debt... so where can India and China sell? When people are totally focused on lavish lifestyle and lose track of their checkbook don't they usually in serious debt. Then they have to sell everything they have to debtors. Now, if government is in the same bad shape, what are they going to sell? More importantly, if Europe is in debt and America is in debt... who do we owe? I tried to see someone having a party over our downfall and looked around. There is no country having a ball. So it must be individuals, right? Who are they? If this is happening all over the world, can it be systemetic result of organized plan or random result of human greed and stupidity? I think about these questions here and there and... just wonder where we are all tunmbling into. Well, nothing we can do now except try to focus on what's in front of us tomorrow. Pray and keep on living the honest life God advised me to live. Let me know if you do know the answer to my questions, though. That's will be cool.

re: Recession to end in June?

eagle09 — Tue, 02 Dec 2008 04:49:46 GMT

Hey!!

Not to be a show -off or anything but alot of crying could be avoided by you americans if you just KNEW how to save money. I got 20K saved. YES!!!! SAVED!!! Because I don't go buying everything top-of-the-line. Look what the poor have to be satisfied with; some can barely afford to keep thier feet covered with shoes....and US!!!! We damn ugly selfish people want EVERYTHING, to nice houses and new cars and 100-inch TVS!!!! Quit your whining and fold your money and put it back in your pockets!!!

re: Recession to end in June?

robstevens — Tue, 02 Dec 2008 03:17:37 GMT

look at this way, if you buy an index fund (for example) at around dow 7000, which we should see around jan5...and it goes to zero, your fiat currency is gonna be worthless anyway even if you would have kept it in a coffee can....it's only value might me measured in BTU's (how much heat does a $20 bill generate when burned to heat your house?).

As many people wishing they shoulda and coulda today, there will be 5x's as many in 24 months saying they could have bought Wells Fargo at 23...P/E ratios are in single digits at so many quality issues....the only caveat is to be sure the co has cash on hand, and doesn't need access to credit...those 2 conditions satisfied....buy, and shut off CNBC for 6 mos and go tend bar to pay the elec bill...and you'll come back to a nice number on today's 201(k)....else, if is doesn't, it's gonna be anarchy anyway, so there really isn't that much risk if you can buy and forget a while....

All you 30 somethings....forget the 6.50 cup of coffee. Buy as many shares of GM...the coffee goes thru you in 3 hours...if GM last a little longer, you're ahead of the game....if it lasts a lot longer, years from now, you'll be able to drop a buck in my cup....I'll be in front of the Winn Dixie...

My parents grew up during the depression...I heard the stories at the dinner table...We are an arrogant lot for drawing that comparison to what those people endured, with a plasma TV under each arm...

re: Recession to end in June?

Scott — Mon, 10 Nov 2008 17:14:02 GMT

I totally agree with geno!! the one behind the desk is always trying to find falt with the one that's out bustin' his hump doing his best just to put food on the table and pay his bosses paycheck still he always gets the put down no matter how hard he is trying to make it on the chicken feed he's being dealt out. Yet it always is the comsumers falt. NO MATTER WHAT; or HOW HARD HE WORKS!!! It's the working mans falt!!! AMAZING HAH!!!

re: Recession to end in June?

SouthernReb — Wed, 05 Nov 2008 01:10:11 GMT

I read blog after blog,some I agree with other things like taking money I earned with a honest day of work to bring up the standard of liveing for one who made bad choices in life (opressed?pleeeeas not since NAACP) P____s me off.

Democrats and Republicans alike devided the nation years ago between black and white.Remember the saying "United we stand,devided we fall".It's long been a tool for the gov to controll more and more of our lives and play one again the other for a given elected seat in office.If the gov would have stayed the heck out of our lives and let the free market decide how every thing is gonna fall in place think what MIGHT have happened....

We wouldnt have as big a problem with welfare because of politicians handing out promises of a bigger check to get elected.What do I mean by that?

Think about it,you have generations of people handed money for every child popped out from between their legs.Doesn't take a rocket scientist to figure out that the more kids in your house means a bigger check in the mail.So now we have kids having kids and it's ok because the government will pay your food bill and health.

As the population of carrer welfare recepiants grow,so must the government

grow.Now with all these kids being born for the wrong reason,they are raised on the street instead of a loving home,hince crime and more unwanted children for an already over loaded system....this is just ONE example on how government has munipilated the masses for it's own self growth.

Our founding father NEVER meant for the federal goverment to grow this out of controll

Im just a machinist,not a politician or educated in buisness man..but I know if the right leader come about,he or she could lead the common folk to MAKE THE GOVERNMENT WOrK FOR OUR INTEREST again.

So no matter who gets elected,who here is gonna lead us to stand up and tell the politicians "now this is how it's gonna be so says the people"?