Do you expect a double dip

Discussion in 'Economics' started by maxitronixy, Apr 7, 2010.

Do you think there's gonna be a double dip?

  1. Yes

    30 vote(s)
    73.2%
  2. No

    11 vote(s)
    26.8%
  1. LOL! You're in dreamland if you think the market can continue going up like this with no ramification down the line.
     
    #11     Apr 9, 2010
  2. +1 Good post d_k

    The governement never admitted we were in a recession until the market dropped 5000 points. The whole way down, Paulson & Bernanke & co. were all saying everything was fine.

    Lies on the way down, lies on the way up.
     
    #12     Apr 9, 2010
  3. morganist

    morganist Guest

    the mortgage reset will start a second crash.
     
    #13     Apr 9, 2010
  4. lasner

    lasner

    What's happens when we see 8% mortgage rates? What will happen to real estate and the economy then.
     
    #14     Apr 9, 2010
  5. lasner

    lasner

    I give up we're fucked. I'm cashing my dollars into pesos getting a really dark tan and moving to Mexico
     
    #15     Apr 9, 2010
  6. okashiyo

    okashiyo

    Right. Go to youtube and see the interview Robert Shiller gave on March 30th about the real estate market. When the government exits from the incentives, raises rates, and property values continue a slow decline, we're in for another layer. I would hope and imagine not as bad from the first one. But given how high stocks are at the moment, it's clearly not smooth sailing ahead.
     
    #16     Apr 9, 2010