Recession Time!

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Segovia
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Recession Time!

Postby Segovia » Wed Dec 03, 2008 1:16 am

It's official since yesterday; we are in a recession. What are your views? I think it's the end for us poor people.
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osprey
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Postby osprey » Wed Dec 03, 2008 1:17 am

Recession time! Yay! \o/

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Postby Arloest » Wed Dec 03, 2008 1:18 am

If the Great Depression didn't finish poor people off, I doubt this will.

Also, the economy eternally cycles between recession and growth. So the word 'recession' doesn't automatically mean 'end of the world'.

Also how poor are you that you have an internet connection?
Last edited by Arloest on Wed Dec 03, 2008 1:20 am, edited 1 time in total.
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Postby Segovia » Wed Dec 03, 2008 1:20 am

You obviously didn't read my latest post on the Christmas List post on Anything.
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Arloest
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Postby Arloest » Wed Dec 03, 2008 1:22 am

I did - it looks like you're going to see the Trans Siberian Orchestra.
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Segovia
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Postby Segovia » Wed Dec 03, 2008 1:23 am

Nah. That's why it's called a wish list. I wish I could go. I did last year, but only me and my mom could go.
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Postby Dr. Sticks » Wed Dec 03, 2008 1:33 am

no, because barack obama is going to relieve the rich of their riches, and you poor people will finally have some equality in this world.

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Segovia
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Postby Segovia » Wed Dec 03, 2008 1:44 am

Yay!!
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Postby Bocaj Claw » Wed Dec 03, 2008 2:21 am

Don't be un-ridiculous. Clearly we're in a mental recession and y'all are a nation of whiners.
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Segovia
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Postby Segovia » Wed Dec 03, 2008 2:25 am

What do you mean "Mental"?
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Postby Bocaj Claw » Wed Dec 03, 2008 3:00 am

6. Informal. slightly daft; out of one's mind; crazy: He's mental.
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Postby Ibun » Wed Dec 03, 2008 8:30 am

Arloest wrote:If the Great Depression didn't finish poor people off, I doubt this will.

Also, the economy eternally cycles between recession and growth. So the word 'recession' doesn't automatically mean 'end of the world'.

Also how poor are you that you have an internet connection?
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Postby nickspoon » Wed Dec 03, 2008 12:43 pm

Apparently we've been in a recession since early November but nobody wanted to admit to it.

I doubt that this will even go as far as the Great Depression. In a year or so (possibly less, depending on how governments play it) we'll be back in the black again.
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Postby osprey » Wed Dec 03, 2008 1:14 pm

Well, I was reading that technically the US economy has been in recession since December 2007. Personally, I'm not too worried. I have a job with security, and they're saying inflation is unlikely, so I think it should be fine.
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Postby Comrade K » Wed Dec 03, 2008 1:17 pm

I think I'll invest now.
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