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Someone finally admitted.....

This is a discussion on Someone finally admitted..... within the Retarded News forums, part of the Message Board category; ...that the USA is going into a depression. I can't remember who the guy was because it was on ...

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Old 09-30-2008
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Default Someone finally admitted.....

...that the USA is going into a depression.

I can't remember who the guy was because it was on CNBC and I rarely watch it, but the evening after the "bail out" bill failed, one of the money mavens used the word and drew a parallel between what is happening now and The Great Depression of the 1930's.

I love the feeling of vindication that washed over me, but how do you think you will make out as the economy slows to a screeching halt?


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Old 09-30-2008
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Default Re: Someone finally admitted.....

ok, but wouldn't you like to be wrong about this one?
better to be wrong on this one than to be right.

but you were right


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Old 10-01-2008
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Default Re: Someone finally admitted.....

People are really disturbed by this, but we really need to keep the economy moving. Okay, we all need to watch the pennies, but should we really stand by and let our small, local retailers go out of business?

If we all stop shopping, then how will it ever recover?

I am only saying this becuase our television is broken, and I am forced to go and buy a new one!! It was the dishwasher three weeks ago!!

People who have money are now having the opportunity to make more, what with the decline in property prices and other valuable items. I am sure cheap stocks are being snapped up by the wealthy who can wait for the markets to improve.


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Old 10-01-2008
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Default Re: Someone finally admitted.....

This is really a sad thing to have.The world economy is collapsing because of this. I fear the worst fears are yet to come.The future of the market looks stagnant.


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