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Recession?

Name: Anonymous 2008-04-01 15:47

What recession?

Name: RedCream 2008-04-01 16:12

Recession?  It's that thing you'll see whipping by as you fly head-first into a great dark chasm named a DEPRESSION.

Sign some more mortgage papers, you stupid fuckers.

Name: Anonymous 2008-04-01 17:09

Dow up 400 points today...

Name: RedCream 2008-04-01 17:12

THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING

Name: Anonymous 2008-04-01 17:22

>>2

I can't, don't have a job

Find one?  Can't..  economy sucks

Name: Anonymous 2008-04-01 17:55

lol neoliberalfail

Name: Anonymous 2008-04-01 18:09

FACT: The only people not working in America don't want to work.
     

      The answer is to systematically exterminate these leeches
      on society.

Name: Anonymous 2008-04-01 18:31

>>7
Or convince them the error of their ways through the medium of interpretative dance.

Name: Anonymous 2008-04-01 19:03

>>7 here
>>8 Yeah, that's another option that might work, but I'm skeptical...

Name: Anonymous 2008-04-01 23:50

a recession is an economic term for when a market isnt doing as good as expected.

Name: Anonymous 2008-04-02 2:00

>>10

I don't see a recession coming

Name: RedCream 2008-04-02 3:50

>>11
That's because you're already in one.

Name: Anonymous 2008-04-02 6:11

>>12

Chill, dude..  there will not be a recession.

Remember a few years ago when everyone was hysterical that there will be a military Draft in 2005 and there never was?  This is the same deal with the recession.

Name: Anonymous 2008-04-02 8:00

>>13
[quote]OH HAY GUYS THERE HAVE BEEN FALSE ALARMS BEFORE THEREFORE THIS IS FALSE LOL.[/quote]

Name: Anonymous 2008-04-02 14:07

Of course there will be a recession, it's part of the natural business cycle and nothing can avoid it. Government spending during a period of recession only delays it and makes it worse when it hits. All this "OMG THE SKY IS FALLING WE'RE ALL GOING TO DIE" faggotry is retarded, for a start sectors of the economy have their own business cycles meaning in one decade you can experience a rapid growth in chemical engineering due to some new technology or new markets followed by the new businesses and expansions being put to the test, all the while the poultry industry wouldn't notice at all except perhaps small fluctuations in the price of preservatives for their chicken feed. Secondly businesses prepare for recessions by storing stock and saving, for example a car manufacturer will over-produce when equity is high then decrease the cost of their cars during a recession knowing it is the only way to make sales. Thirdly businesses which produce the essentials we all need never lose business, recessions at worst entail a reduction in luxury/convenient goods. Fourthly recessions promote entrepeneurial spirit, people can lose everything and thus become pathologically desperate to find a new way to make money, thus recessions in fact prepare a pool of resourceful people who are likely to generate an economic boom once the bust is over. Fifthly, if you can succesfully predict a recession you can take many measures to take advantage of the future economic environment and with much less competition compared to those accustomed to a fast growing economic environment, many disadvantaged uneducated people can get rich this way.

Name: Anonymous 2008-04-02 15:41

>>15
Truth told. Anyone who whines like a fruity liberal about recession is just a typical faggot demagogue, or one of their retarded believers.

Name: Anonymous 2008-04-02 21:39

>>16
Last I checked it was the conservatives that were saying that there won't be one and freaking out if anyone so much as mentions recessions. Libs just say ZOMG ITS THE END OF THE WORLD, but libs say that about anything and everything.

Like >>15 sait recession is inevitable. It can be dealt with but it WILL happen.

Name: RedCream 2008-04-02 21:52

It's obvious that you fuckers are so far gone in that fantasyland in your heads that you'll end up standing in welfare lines, waiting for your hunk of bread and cup of soup, loudly claiming there's no recession and that the lack of jobs is all due to "LIBERALS LIBERALS LIBERALS"!  Your jobs are under constant threat and your debts are far too large to ever pay off.  Yet, you deny, deny, deny.

Name: Anonymous 2008-04-02 22:06

>>18
Liberal pussyfag nigger chink wop spic commie tranny.

Name: Anonymous 2008-04-02 22:16

>>17
It is difficult to explain to a retard like redcream everything >>15 just said, it is easier for conservatards to just say "there is no recession" or play it down. There is also the fear that the recession will be blamed on the Bush administration's policies, which are partly to blame for keeping interest rates too low. Machiavellian yes, but if you are looking for sheer mind numbing stupidity you are more likely to find it in the liberal camp.

Name: RedCream 2008-04-03 0:18

>>20
Each brand of stupidity is still STUPIDITY.  The denial about the current recession is HUGE and fully bipartisan.  You denial fuckers can play that game all you want.  I'm going to still laugh at you in the soup lines.  Eventually, you'll become murderous from being laughed at, and then I can legally kill you in self defense.  The future is golden ... for killing, that is.

Name: Anonymous 2008-04-03 8:54

>>21
It sounds like YOU'RE the one living in fear.
Even if we are in a recession, didn't you prepare for it?
If you did, like the rest of us intelligent people, you wouldn't care one way or another.

Name: Anonymous 2008-04-03 13:18

>>21
Are you trolling? There are 3 arguments, not just your demagogue argument and your strawman.

Libfag/demagogue: There will be a recession and it's the end of the world.
Conservatard: There is no recession
Reality: There will be a recession and it's not the end of the world.

Name: Anonymous 2008-04-03 13:21

>>23
truth

Name: Anonymous 2008-04-03 16:58

Should have been saged after >>15 there's really nothing left to say.

Name: RedCream 2008-04-03 20:40

>>22
It sounds like YOU'RE the one living in fear
Better to fear the coming Depression that to live oblivious to it.  I fear putting my hand inside a lion's cage, too, and it's ONLY SENSIBLE to feel such a fear.

Like I've said in other threads, go sign another fucking mortgage, fearless boys.

Even if we are in a recession, didn't you prepare for it?
I did.  But only the independently wealthy don't worry about it.  That's a tiny minority of the population.  So there's only so much preparation the majority can do.

If you did, like the rest of us intelligent people, you wouldn't care one way or another.
Apparently you don't think there are severe social consequences when the economy collapses like that.  Perhaps you think those punks breaking into your house while you're at work, are actually bored professionals who are merely on vacation and actually have all the money and stuff they need.  I mean, it's not like it's dangerous like there's a lot of poor people out there.

Fool.  The scope of economic collapse makes it a WORSE society for you, even if you enjoy the suffering of others.

>>21
Reality: There will be a recession and it's not the end of the world.
Wrong.  The sad reality is that the economy of the US has been literally skewered with a white-hot sword composed of huge debts, military spending, welfare for the rich, and of course flight of manufacturing from the nation.  It's not the end of the world, but it IS the end of the American Empire.

The USA has played the game of denial far too long.  Now it's time to pay up on all those decades of denying the reality of the native economic collapse.  Soup lines! -- here they come!

Name: Anonymous 2008-04-04 7:22

Maybe none of you remember a few years back when the press first started talking about recession then it disappeared from the news. anyone?

Name: RedCream 2008-04-04 12:36

>>27
"it disappeared from the news" = The dotcom fiasco's losses were overrun with a housing and credit bubble.

End Result:  MOAR years of denial, followed by a much bigger economic crash.

Maybe none of you remember the schedule of Greenspan's lowering of the prime interest rate?

Name: Anonymous 2008-04-04 15:57

>>27
Jeepers, like the time the weather man said it might rain with 55% chance, and it didn't?  What a fuckin' liar, right?  Come on, you sound as if you never heard of a recession ever happening before, when they are pretty much guaranteed to come and go again and again in the long term.  And anyway, there was a recession just a few years ago.

Name: Anonymous 2008-04-04 16:31

>>26
Admits he's AFRAID.
 
AHAHAHAHAAAAHHAHAAH! LOSER!

YOU LOSE! ENJOY YOU FEAR, NANCYBOY!!

Name: RedCream 2008-04-05 2:57

>>30
According to your stock portfolios and mortgage balances, you people are the losers here.

Go stick your dick between the bars of the lion's cage, since you seem fearless.  For the real-world analog, go sign another mortgage, fearless boi.

Name: Anonymous 2008-04-05 5:48

>>31
no ur rong.

My portfolio is so diversified that if any part of the economy collapses I STILL MAKE MONEY.
Only people who let fear rule their lives, like you, never make money, even during the bubble periods.

FEEL THE SHAME OF YOUR FEAR.

Name: RedCream 2008-04-06 2:21

>>32
FAIL MOAR.  Diversified portfolios have two problems:

1. Some aren't diversified.  You see, you fucking investors want too much profit from your investments.  So managers find themselves pressured to produce a better ROI.  Presto change-o, and you find your so-called diversified portfolio chock full of the trendy bubble investment of the day.  Too many of your fellow investors have woken up lately, to be told they've been holding a lot of mortgage-based securities (under many names, designed to hide the lack of true diversification).  So:  Diversified?  MY ASS.

2. Economic collapses have far-reaching effects.  Even diversified portfolios (i.e. real ones) still aren't immune to the ripple effects of serious downturns.

The major problem here is that if what you say is correct, then nearly every money manager on the planet would have one of these forms of diversified portfolios on tap, that NEVER LOSE MONEY.  That's just not happening.  So, something's amiss in your explanation.  Perhaps it is that most money managers are bullshit artists and they are only in their jobs since investors kind-of, sort-of expect them to be there.  Perhaps it also is that there is no such thing as a truly diversified, downturn-immune, portfolio.  I'm leaning towards the latter explanation.

The investor world is strewn with the corpses of people who felt to great certainty that they were in a good position.  They even had the media and money managers and PhDs backing them up.  And they were ALL WRONG.

In short, your arrogance is your weakness, and your weakness will cost you in the long run.

Name: Anonymous 2008-04-06 2:39

>>33
MOAR MONIES NAO PLOX

Name: Anonymous 2008-04-06 3:00

>>33
I'M AFRAID OF INVESTING AND DON'T REALLY KNOW MUCH ABOUT IT, BUT I KNOW THAT NOOOOOO ONE EVER COMES OUT ON TOP.

Name: Anonymous 2008-04-06 4:13

>>35

So will Warren Buffett lose it all?

Name: Anonymous 2008-04-06 5:58

RedCream once again takes the a viewpoint borderring on retarded instead of actually taking a look at reality. There are investors who go "LOL IMMA PUT 80% OF MY PAY CHEQUE INTO SUBMARINABLE OIL RIGS THAT WILL EXTRACT TONS OF CRUDE UNDER THE ICE CAPS, BUY THE SHARES OVER THE INTERNET AND START SPENDING THE MONEY BEFORE I'VE SOLD ANY OF MY INVESTMENTS", then there are investors who spend hours a day in a grey cubicle in some boring office somewhere who make large sums of money but only get a fraction of it because they work for mutual or hedge funds.

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