Be Prepared for the Worst

Discussion in 'Economy' started by Kevin_Kennedy, Nov 3, 2009.

  1. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    Be Prepared for the Worst - Forbes.com
     
  2. JW Frogen
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    JW Frogen Gold Member

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    I was sure this thread would be about the return of a Rosie O'Donnel variety show.
     
  3. eagleseven
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    eagleseven Quod Erat Demonstrandum

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    Funny how Ron Paul has been more or less vindicated over the past 12 months?
     
    Last edited: Nov 3, 2009
  4. JW Frogen
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    JW Frogen Gold Member

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    Ron who?
     
  5. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    Yes, and his stock has risen considerably. But he still doesn't get the respect he deserves.
     
  6. strollingbones
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    strollingbones Diamond Member

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    rue paul is doing a show on drag queens
     
  7. The Rabbi
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    The Rabbi Diamond Member

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    Its about the same thing.
    I suspect the OP is right. I spoke to one of my customers who sells compressors to industry. While he had an uptick in demand over the last 2-3 months now he says that's evaporated. Many of the customers he had are out of business. So are many competittors.
    A double dip recession would be good in that it puts paid to Obama's presidency.

    I will say I suspect that the increase in corporate profits we've seen is not top line driven bt comes from cost cutting. That's good news bad news. Good news: if the economy recovers we will see corporate profits grow very quickly. Bad news, if it doesnt the icnreases in profits arent reproducible.
     

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