Author Topic: Global Recession  (Read 742 times)

Dysfunctional Cunt

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Global Recession
« on: August 19, 2011, 05:52:10 pm »
http://finance.yahoo.com/news/Economists-see-growing-risk-apf-91921973.html

Quote
WASHINGTON (AP) -- Discouraging economic data from around the globe have heightened fears that another recession is on the way.

Fresh evidence emerged Thursday that U.S. home sales and manufacturing are weakening. Signs also surfaced that European banks are increasingly burdened by the region's debt crisis and sputtering economy.

The rising anxiety ignited a huge sell-off in stocks that led many investors to seek the safety of U.S. Treasurys.


Am I the only person who didn't realize we were out of the last recession?

LMNO, PhD (life continues)

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Re: Global Recession
« Reply #1 on: August 19, 2011, 05:53:23 pm »
Technically, the numbers were showing growth.  Not much, for sure, but it was there.

Doktor Howl

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Re: Global Recession
« Reply #2 on: August 19, 2011, 05:53:53 pm »
I've seen the Morgan Stanley industrial numbers.

This is a "recession" in the same manner that WWII was a "spat".
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Doktor Howl

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Re: Global Recession
« Reply #3 on: August 19, 2011, 05:57:19 pm »
Technically, the numbers were showing growth.  Not much, for sure, but it was there.

Um.  The rate of change is actually pointing toward contraction.  The global growth has slowed significantly, and the US is already contracting.

http://www.baltimoresun.com/business/sns-rt-us-globaleconomy-research-morg20110818,0,2101956.story

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Re: Global Recession
« Reply #4 on: August 19, 2011, 06:03:19 pm »
Hm.  I guess this was where I heard about it.

http://articles.latimes.com/2010/sep/21/business/la-fi-recession-over-20100921

Yeah, it was a year ago, which is why the subsequent downturn would be called "another" recession.

I have a feeling these are academic and technical terms with specific meaning that the public neither knows nor cares about.

Dysfunctional Cunt

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Re: Global Recession
« Reply #5 on: August 19, 2011, 06:16:28 pm »
So, we're still basically fucked and I should continue to prepare for the zombie appocalypse? :D

In all seriousness, I have not seen any improvement here in St. Louis, but then again this is Midwest hell so I thought we might be a bit insulated.

Doktor Howl

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Re: Global Recession
« Reply #6 on: August 19, 2011, 06:31:30 pm »
Hm.  I guess this was where I heard about it.

http://articles.latimes.com/2010/sep/21/business/la-fi-recession-over-20100921

Yeah, it was a year ago, which is why the subsequent downturn would be called "another" recession.

I have a feeling these are academic and technical terms with specific meaning that the public neither knows nor cares about.

All that matters in the end is whether or not there are jobs available, and whether or not money spends.

The rest of it is all horseshit.
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Doktor Howl

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Re: Global Recession
« Reply #7 on: August 19, 2011, 06:35:19 pm »
So, we're still basically fucked and I should continue to prepare for the zombie appocalypse? :D

More like a great big fucking war, coming soon.
Extend loyalty to individuals, but never organizations.

Dysfunctional Cunt

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Re: Global Recession
« Reply #8 on: August 19, 2011, 07:24:54 pm »
So, we're still basically fucked and I should continue to prepare for the zombie appocalypse? :D

More like a great big fucking war, coming soon.

Damn, do you really think it is going to come to that? 

Doktor Howl

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Re: Global Recession
« Reply #9 on: August 19, 2011, 07:29:11 pm »
So, we're still basically fucked and I should continue to prepare for the zombie appocalypse? :D

More like a great big fucking war, coming soon.

Damn, do you really think it is going to come to that? 

That always happens when recessions/depressions go global.  Sooner or later, world leaders are looking for ways to distract their people.
Extend loyalty to individuals, but never organizations.

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Re: Global Recession
« Reply #10 on: August 19, 2011, 07:39:56 pm »
So, we're still basically fucked and I should continue to prepare for the zombie appocalypse? :D

More like a great big fucking war, coming soon.

Damn, do you really think it is going to come to that? 

That always happens when recessions/depressions go global.  Sooner or later, world leaders are looking for ways to distract their people.

I've been thinking of ways I can hide my son once they reinstate the draft.
“I’m guessing it was January 2007, a meeting in Bethesda, we got a bag of bees and just started smashing them on the desk,” Charles Wick said. “It was very complicated.”



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Dysfunctional Cunt

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Re: Global Recession
« Reply #11 on: August 19, 2011, 08:08:34 pm »
So, we're still basically fucked and I should continue to prepare for the zombie appocalypse? :D

More like a great big fucking war, coming soon.

Damn, do you really think it is going to come to that? 

That always happens when recessions/depressions go global.  Sooner or later, world leaders are looking for ways to distract their people.

I've been thinking of ways I can hide my son once they reinstate the draft.

Mine wants to join up....

Doktor Howl

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Re: Global Recession
« Reply #12 on: August 19, 2011, 08:09:13 pm »
So, we're still basically fucked and I should continue to prepare for the zombie appocalypse? :D

More like a great big fucking war, coming soon.

Damn, do you really think it is going to come to that? 

That always happens when recessions/depressions go global.  Sooner or later, world leaders are looking for ways to distract their people.

I've been thinking of ways I can hide my son once they reinstate the draft.

Mine wants to join up....

Mine ships out in 17 days.
Extend loyalty to individuals, but never organizations.

Dysfunctional Cunt

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Re: Global Recession
« Reply #13 on: August 19, 2011, 08:11:08 pm »
So, we're still basically fucked and I should continue to prepare for the zombie appocalypse? :D

More like a great big fucking war, coming soon.

Damn, do you really think it is going to come to that? 

That always happens when recessions/depressions go global.  Sooner or later, world leaders are looking for ways to distract their people.

I've been thinking of ways I can hide my son once they reinstate the draft.

Mine wants to join up....

Mine ships out in 17 days.

Can we hope that by joining now, when the shit does hit the fan they may have moved up enough in rank to avoid the front lines?


Doktor Howl

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Re: Global Recession
« Reply #14 on: August 19, 2011, 08:12:14 pm »
So, we're still basically fucked and I should continue to prepare for the zombie appocalypse? :D

More like a great big fucking war, coming soon.

Damn, do you really think it is going to come to that? 

That always happens when recessions/depressions go global.  Sooner or later, world leaders are looking for ways to distract their people.

I've been thinking of ways I can hide my son once they reinstate the draft.

Mine wants to join up....

Mine ships out in 17 days.

Can we hope that by joining now, when the shit does hit the fan they may have moved up enough in rank to avoid the front lines?



That doesn't work for enlisted men.  In addition, the rear ain't exactly safe, anymore.  You're actually better off in an infantry outfit, where at least you get decent training.
Extend loyalty to individuals, but never organizations.