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TimoC 03-08-2009 05:07 PM


Originally Posted by b2pilot186 (Post 574868)
We're all doomed!...Doomed I tell ya! Sheesh guy, have a little optimism...This country has bounced back from worse. People on this board were predicting the doom of this industry because of rising oil prices. Some dingaling even predicted $300/barrel oil and has since quietly slunk off in embarassment. NO ONE on THIS board has the slightest clue what the economy will look like in 3 months.

B2P

Prediction for next 3 months...BAD to WORSE.:eek:

b2pilot186 03-08-2009 05:51 PM


Originally Posted by TimoC (Post 574870)
Prediction for next 3 months...BAD to WORSE.:eek:

Hey man, at least you got a 50-50 shot...better odds than the Nostradamus of $300/barrel oil had. I sincerely hope your guess is wrong sir. In the meantime, enjoy the next three months. ;)

B2P

jungle 03-08-2009 06:14 PM

Don't despair guys. I know of a man who immigrated to the US from Kenya as a child and despite having a zero balance in his debit account just seven short years ago and never in his life holding a nine to five job, he has managed to gain employment in a very high executive position. He is many times a millionaire now and even has several private jets.
Hard work and honesty can get us where we want to go!:)

Avg Joe 03-08-2009 06:17 PM


Originally Posted by b2pilot186 (Post 574868)
We're all doomed!...Doomed I tell ya! Sheesh guy, have a little optimism...This country has bounced back from worse. NO ONE on THIS board has the slightest clue what the economy will look like in 3 months.

B2P

Wow!

I agree that predicting what the domestic/global economy might look like 3 YEARS into the future is murky, but the 6 different publications I read each week ALL AGREE the recession/depression only deepens over the next 3 MONTHS. Morgan Stanley this week is warning of a DEPRESSION significantly worse than the 1930's. Given the economic data and the 6-month lag any stimulus requires to become apparent (Econ 101), I am personally ABSOLUTELY CONFIDENT in predicting our economic situation will look WORSE in 3 months! Call me an idiot if you wish.

Joe

jungle 03-08-2009 06:25 PM


Originally Posted by Avg Joe (Post 574898)
Wow!

I agree that predicting what the domestic/global economy might look like 3 YEARS into the future is murky, but the 6 different publications I read each week ALL AGREE the recession/depression only deepens over the next 3 MONTHS. Morgan Stanley this week is warning of a DEPRESSION significantly worse than the 1930's. Given the economic data and the 6-month lag any stimulus requires to become apparent (Econ 101), I am personally ABSOLUTELY CONFIDENT in predicting our economic situation will look WORSE in 3 months! Call me an idiot if you wish.

Joe

Concur, and I'm not hearing any noises yet to change that outlook. Just how bad is unknown, but the bottom is not in yet.

TimoC 03-08-2009 06:28 PM


Originally Posted by jungle (Post 574897)
Don't despair guys. I know of a man who immigrated to the US from Kenya as a child and despite having a zero balance in his debit account just seven short years ago and never in his life holding a nine to five job, he has managed to gain employment in a very high executive position. He is many times a millionaire now and even has several private jets.
Hard work and honesty can get us where we want to go!:)

USA- RIP 1776-2009

DYNASTY HVY 03-08-2009 06:30 PM

Just keeping checking the ol' 401 K balance.:eek:
Mine's down about 39 percent.
Could be worse at 0.

Shaggy1970 03-08-2009 06:32 PM

How about we wait and see, that's all we can do! We can't control this mess! Avg Joe, your a bit to negative for my taste and Jungle maybe you should got back to photography cause I really like your pictures!

jungle 03-08-2009 06:39 PM


Originally Posted by Shaggy1970 (Post 574908)
How about we wait and see, that's all we can do! We can't control this mess! Avg Joe, your a bit to negative for my taste and Jungle maybe you should got back to photography cause I really like your pictures!


Thanks Shaggy, bring this up in three months and we can open the time capsule and see what's what. I hope you have a good laugh at my expense.

Shaggy1970 03-08-2009 06:44 PM


Originally Posted by jungle (Post 574913)
Thanks Shaggy, bring this up in three months and we can open the time capsule and see what's what. I hope you have a good laugh at my expense.

I am ready for what the future brings me and no matter how ****ed off I get, I can't change a darn thing! I want us to be safe and support each other and not let the company get the upper hand! That's all! Not looking for a hand out or anything else from anyone!


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