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Ardent Listener
Administrator
USA
4841 Posts |
 Posted - 06/25/2009 : 20:48:12
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So what do you think? Many indicators seem to point us coming out of the recession slowly or a V shaped recovery. I got this nagging hunch that this is going to be more like a W shaped recession with a collapse again before we come all the way out of it. Who else is getting ready for round # two?
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Think positive. |
Edited by - Nickelless on 06/25/2009 21:30:26 |
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Nickelless
Administrator
USA
5580 Posts |
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kieblera5
Penny Hoarding Member
USA
859 Posts |
Posted - 06/25/2009 : 21:29:08
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HA I read the title and thought we were saying that W. shaped this recession.  I think that this recession is definately not a V shape; however, I'm not so sure that it is a W either. With many countries wanting to ditch the USD, we may never come out of this.
...\/.....\/.................
That's more like it. |
Democracy is being allowed to vote for the candidate you dislike least.
Never argue with an idiot. They will drag you down to their level and then beat you mercilessly with experience.
Caller number seven gets the Peace Prize!
Get coding tips, tricks, and more at: http://codingmonday.blogspot.com |
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Nickelless
Administrator
USA
5580 Posts |
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kieblera5
Penny Hoarding Member
USA
859 Posts |
Posted - 06/25/2009 : 22:39:12
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quote:
Originally posted by Nickelless
Me too, Kieblera, so I added a hyphen to the title. 
Thanks 
And to edit... I don't know what happened to my post lol. I tried to make a downward graph using slashes and it screwed up.. |
Democracy is being allowed to vote for the candidate you dislike least.
Never argue with an idiot. They will drag you down to their level and then beat you mercilessly with experience.
Caller number seven gets the Peace Prize!
Get coding tips, tricks, and more at: http://codingmonday.blogspot.com |
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 06/26/2009 : 11:16:08
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I don't think were going to have a recovery. We’re having and will continue to have a "correction".
If you were to graph it, the economy will probably look like a saw tooth pattern heading down before it plateaus. This latest fake rally is one of those saw teeth, with each new low being lower than the previous. What will our status be when we hit that plateau?
We are literally a third world police state, complete with a kangaroo court system and with debts we can not pay off. You can't be an indebted third world banana republic and an Imperial power at the same time. The universe hates imbalances, and that correction has already commenced.
We still don't know for sure yet if the U.S. dollar is going to go Zimbabwe or not. If it does, throw that in the mix.
I have no idea how or when this will end. Will it be gradual and peaceful, or will it be abrupt and violent? All I do know is that things will be different from what we have now.
Like the Chinese proverb says, "May you live in interesting times"
JMHO
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Gr33nday43
New Member
Uzbekistan
10 Posts |
Posted - 06/26/2009 : 14:04:40
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| I think I am one of the only people here that thinks there will actually be recovery...I'm predicting something similar to the Carter years in a few years, except it will be more serious. I think we'll have real positive GDP by the end of the year, however. It will be more like a v then growing slowly up then crashing back down. I'm probably wrong though. lol |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 06/28/2009 : 12:28:02
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| With a minimum of 600,000 jobs lost (doctored government statistic, real number is probably much higher) each month, the US economy is in trouble. However, I think much of the government bailout money will find its way into commodities and stock markets around the world. My prediction - the US economy will languish where it is now for a while longer (sort of an "L"); commodity and stock market values will rise because governments around the world increasing liquidity. |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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Copper Catcher
Administrator
USA
2092 Posts |
Posted - 06/28/2009 : 16:55:28
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The "Second Crash" is on its way and unstoppable!
Here is why.......
What do you think will happen in 2010/2011 when those ARMs come due? What say you?
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Coll3ctor
Penny Pincher Member
USA
222 Posts |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
 Posted - 06/28/2009 : 17:15:50
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| Interesting graph. It looks like Option and Agency ARM resets will be the focus of the problem. Any real estate experts in the group that could shed light on this subject? |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 06/29/2009 : 08:55:37
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| i will be the first to predict an "L" shaped recession, similar to the 1930's to 40's or 1990s Japan. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 06/29/2009 : 09:37:58
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quote:
Originally posted by Lemon Thrower
i will be the first to predict an "L" shaped recession, similar to the 1930's to 40's or 1990s Japan.
Nope, you're the second person to predict and "L". I beat ya to it. |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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W-shaped recession?
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