"Recession is just entering its most difficult phase.” Standard & Poor’s - 4/15/2009

Discussion in 'Economics' started by ByLoSellHi, Apr 15, 2009.

  1. hayman

    hayman

    Agreed, but add 2 more to the list:

    1) Private College Tuition Delinquincies. It's just a matter of time before a lot of these Private Universities go belly-up;

    2) The Health Insurance Industry. No on can afford these ridiculous premiums any more.....that industry is in shambles.
     
    #11     Apr 15, 2009
  2. S2007S

    S2007S


    Totally agree, havent really taken time to read up on either of those 2 areas yet but will do so. Private Universities are definitely going BYE-BYE.
     
    #12     Apr 15, 2009
  3. Were you the guy who made the "buy" call on US Bonds back in October/November? If I didn't say it then, that was a great f-ing call.
     
    #13     Apr 15, 2009
  4. By your (and RDPD's) definition then gold and silver are not assets. you buy and hold and hope they go up. Also if you hold the physical then you have costs.
     
    #14     Apr 16, 2009
  5. doesn't Florida have a large problem that being a none income tax state
    that relies on sales tax income it's going down the tube since that revenue
    has declined massively and continues to dry-up
    property taxes for one are likely to rise significantly which would only add
    to their realestate problems
     
    #15     Apr 16, 2009