Hate to be the grim reaper but are looking at a possible depression

Discussion in 'Economics' started by commoditiestrdr, Feb 5, 2008.

  1. commoditiestrdr

    commoditiestrdr Commodities View

    I hope
     
    #11     Feb 5, 2008
  2. A 70's style recession could be on the cards and not just in fashion!!
     
    #12     Feb 5, 2008
  3. Everyone better start buying.....I'm not looking forward to wearing bell bottoms and growing an afro!!! :D
     
    #13     Feb 5, 2008
  4. the credit markets are still frozen....

    I mean if the Harrah's bonds cant catch a bid... a FRICKIN Casino... near legal theft....

    what chance does anything else have?

    an opinion and I could be wrong.........
     
    #14     Feb 5, 2008
  5. A deflationary depression is a distinct possibility. We see credit tightening everywhere. U.S. depressions are caused by concentration of wealth and low liquidity.

    Lowering rates is pushing on a string if everybody wants to borrow but nobody wants to lend.
     
    #15     Feb 5, 2008
  6. mokwit

    mokwit

    The problem is that if you are a certain age you cannot deny that you were alive in the '70's and by inference probably wore those clothes.................................
     
    #16     Feb 5, 2008
  7. #17     Feb 6, 2008
  8. whachoo talkin all dat jive fo, turkey? :p
     
    #18     Feb 6, 2008
  9. I owe 900 grand on my flip....

    do I walk or wait for my $600 from Bush?
     
    #19     Feb 6, 2008
  10. is that cod4?

    :)
     
    #20     Feb 6, 2008