anybody else sick of this shit..

Discussion in 'Economy' started by bugs, Aug 1, 2009.

  1. bugs
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    bugs Senior Member

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    the BAD economy.. people talking about what is REALLY happening.. what is the BEST way to play it.. BLAH,BLAH,BLAH! i am TIRED of it and wonder what you guys think..:confused:
     
  2. Zoom-boing
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    Zoom-boing Gold Member

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    Politics as usual.
     
  3. bugs
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    bugs Senior Member

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    i WISH that's all it was..
     
  4. Old Rocks
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    Old Rocks Diamond Member

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    Well, no turn arround where I work at, but the outlook has improved. The main mill was going to be down for most of August. Now we have enough work for two crews four days a week. And the possibility of more orders that could improve that later in the fall. Still bad for an awful lot of people that are out of work, and no work available of any kind, let alone a reasonable salary.
     
  5. The Illusion
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    The Illusion Energist

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    Im more tired of Obama trying to spend us out of debt. Having the federal reserve make more money is devaluing the dollar more and prices are going to rise because of it.

    Jamie
     
  6. bugs
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    bugs Senior Member

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    Amen jamie.. i agree 100%!! if they get away with it.. i'll be in shock!!:cuckoo:
     
  7. Gudrid
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    Gudrid Bilderbergs' Catcher

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    I'm not much of an economics person, but the printing more money thing is of huge concern to me. We have a whole lot of manufacturing done overseas. Weaken the power of the dollar, and the prices go up without ever officially moving. Some places anticipated and bought lots of foreign currency in advance to cut their losses when payin-up time comes, but some didn't, so the same materials/products cost more, which then costs us more on the US market. Considering how tied in with foreign economies we are that this point in time, printing more money just seems to me to be one the worst things we could do.
     
  8. bugs
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    bugs Senior Member

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    another BIG thing for the CONFIDENCE game.. will the DOW continue to climb this week? (i say NOPE.. NO WAY!)
     
  9. KittenKoder
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    KittenKoder Senior Member

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    Printing more money is a bad thing, considering they haven't adjusted the amount they print to accommodate the fact that fewer bills are being lost or ruined, and they are not recalling the old ones either. So the end result is more money than we have assets to cover ... in short ... inflation.
     
  10. bugs
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    bugs Senior Member

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    yep.. i saw a bill from the 30's a couple days ago.. (no BS!) the 1930's!!!:eek:
     

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