the economy

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marty50

marty50

Sicc OG
#1
Jul 6, 2008
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#1
so i just wanted to get a feel on where we are at in getting out of this recession/minidepression?

are we at teh halfway point?
less than the halfway point?
more than the halfway point?
give me a number between 0 and 100.
0 being, we are not even close to getting out of this econimic mess
100, being we are out of this economic mess.

personally, i think we at 35, meaning this shit is gonna be with us another 2-3 years.

what are your economic forecast predictions on where we are a tthis point and how long it will take to get out of this mess??
 
swoop187

swoop187

Sicc OG
#7
Apr 4, 2006
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#7
-10%

If people want to help the economy they can start by paying off their debt and stop believing the government will fix it.

This is going to last for at least another 7 years, it depends on how foolish Obama really is and what congress lets him get away with.
 
I. Cold

I. Cold

Sicc OG
#9
May 2, 2002
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swoop187 said:
-10%

If people want to help the economy they can start by paying off their debt and stop believing the government will fix it.

This is going to last for at least another 7 years, it depends on how foolish Obama really is and what congress lets him get away with.
Click to expand...
stop posting in this forum.. you're polluting it with bullshit.
 
swoop187

swoop187

Sicc OG
#10
Apr 4, 2006
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#10
Indrid Cold said:
stop posting in this forum.. you're polluting it with bullshit.
Click to expand...
Yea, paying off money you OWE is bullshit.

Obama spending money he doesnt HAVE thats fucking make believe is going to some how help our economy?

Our economy is fucked up because irresponsible idiots put them selves in debt up to their eyeballs, when they pay off that debt the economy WILL get better.
 
Mr. Nice Guy

Mr. Nice Guy

Sicc OG
#11
Nov 24, 2003
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#11
If you look at this particular economic situation specifically, then we are probably around the 40-50% range. However if you look at this from the bigger picture as an indication of and recoil to an unsustainable lifestyle and growth policy, it really is just the beginning.
 
marty50

marty50

Sicc OG
#12
Jul 6, 2008
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#12
man fuck, i get diffrent answers on this, one being that the stock market is up, but then i look at the money that is being printed by the feds. i knew the fall was coming, but i thought it would hover around the 10,000 mark, it was an artifical market at 14,000, but i would have never imagined it dropped to around 7,000.

usualy im thinking long term, but during these times its short term with long term in the back of my head. thanks for the input.

gotta prepare for hte worse.
 
ovwarrior

ovwarrior

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#13
Nov 26, 2007
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At best were lookin at Weimar Republic Hyperinflation (germany in the 20s).....

"Germany went through its worst inflation in 1923. In 1922, the highest denomination was 50,000 Mark. By 1923, the highest denomination was 100,000,000,000,000 Mark. In December 1923 the exchange rate was 4,200,000,000,000 Marks to 1 US dollar.[14] In 1923, the rate of inflation hit 3.25 × 106 percent per month (prices double every two days). Beginning on November 20, 1923, 1,000,000,000,000 old Marks were exchanged for 1 Rentenmark so that 4.2 Rentenmarks were worth 1 US dollar, exactly the same rate the Mark had in 1914."



at worst we're talkin Zimbabwe Hyperinflation (2000's)...

"Figures from November 2008 estimated Zimbabwe's annual inflation rate at 89.7 sextillion (1021) percent (i.e. prices double every 24.7 hours)"

Thos are just 2 examples of what happens when you have mass inflation of the monetary supply. make sure you got lots of ammo to protect what you got.
 
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