Recession

Discussion in 'Current Events' started by bigrebnc1775, Apr 25, 2011.

  1. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    Are you about to go into another recession or did we ever get out of the last one?
    [ame=http://www.youtube.com/watch?v=dROvJhqkZBo&feature=feedlik]YouTube - Food Prices on the Rise heres the real video :)[/ame]
     
  2. editec
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    editec Mr. Forgot-it-All

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    Few of us ever got out of the recession.

    And its going to get worse for most of us, including some of the lucky 10% or so who actually got wealthier because of this one, too.
     
  3. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    I just read some information where silver is at 48.00 an oz.?

    Should we stop watching the price ofsilver and gold and start track of
    Palladium prices per oz? Since A quarter of all goods manufactured today either contain PGMs or have a significant part in their manufacturing process played by PGMs

    PGMs being metals such as
    Palladium, platinum, rhodium, ruthenium, iridium and osmium
    Right now Palladium is selling for 779.00 an oz.
     
  4. uscitizen
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    uscitizen Senior Member

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    The nation is out of it's technical recession, but has never came out of it's functional recession.

    The increasing and energy prices are a part of the recovery ;)
     
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  5. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    Just an opinion?

    Into The Economic Abyss

    Over the past few years, mainstream analysts have shown a tenacious blind faith in the U.S. economy and the dollar that goes far beyond religion to the point of mindless cultism, so, when even they begin to question the future of American finance (as has been occurring more and more everyday), you know its time to worry. For those that have been following my work since 2007, the events of the past few months have not been a surprise at all, however, for those just waking up to the ongoing implosion of our fiscal infrastructure, the bubbling inflationary meltdown just over the horizon and the nightmare unfolding around our national debt is rather shocking. Living through a full spectrum catastrophe is, to say the least, confusing, especially when you have no idea where the whole thing began.

    Guest Post: Into The Economic Abyss | zero hedge
     
  6. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    Just because the governmensaid so....right:lol:
     
  7. uscitizen
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    uscitizen Senior Member

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    Well I suppose so it is a GDP thing. And who figures up the GDP?
     
  8. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny wantin' to know what the heck do dey think we been in the last two years???...
    :confused:
    Recession risk: Small, but growing
    June 10, 2011 -- Experts worry that the risk of falling into another recession has increased, according to a CNNMoney economic survey.
     
  9. waltky
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    waltky Wise ol' monkey Supporting Member

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    Recession risks increase as economy slows...
    :eusa_eh:
    Recession warnings on the rise
    August 3, 2011: There are growing warnings that the United States could fall into a new recession, even with its debt ceiling crisis finally behind it.
    See also:

    Treasuries: 'It's pretty grim'
    August 3, 2011: It's ugly out there.
     
  10. ReginaG
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    ReginaG Rookie

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    got it. so it is only up to us to find ways on how we can get over recession.
     

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