IPA furloughs gone for five years
03-08-2009 | 06:47 PM
#41
Gets Weekends Off
Joined: Mar 2006
Posts: 266
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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
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
All I'm saying is that excessive pessimism and wild speculation won't help anyone...I read that in a publication so it must be true. The author might just have been trying to sell some sensationalized print though...You never know though...they got Y2K and global cooling (or was it warming?) right.
B2P
03-08-2009 | 06:51 PM
#42
Gets Weekends Off
Joined: May 2006
Posts: 521
Likes: 0
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
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
I don't like the news anymore than anyone else.....but I'm also being realistic as well.
B2pilot~ I'll send you a PM on June 1st on my prediction the Dow will be below 5,000. If I'm wrong (and I hope that I am) I'll flat out post that I was crazy. I'm reading the same thing Ave Joe is obviously reading though and it isn't good.
03-08-2009 | 07:00 PM
#44
Gets Weekends Off
Joined: Mar 2009
Posts: 135
Likes: 0
b2... your attitude is curious. It's as if you think it's absolutely a crap shoot what the next 5 minutes of your life will hold. How do you prepare for the future and make informed decisions? I'm just speculating that you don't read much because, "It's all doom and gloom anyway!" As if to say, "If it's not GOOD news, then why bother reading it?" I'm sure you understand the shortsightedness of this philosophy.
But hey, if it's working for you then good luck with that!
Joe
But hey, if it's working for you then good luck with that!
Joe
03-08-2009 | 07:01 PM
#45
Gets Weekends Off
Joined: Mar 2006
Posts: 266
Likes: 0
BINGO!
I don't like the news anymore than anyone else.....but I'm also being realistic as well.
B2pilot~ I'll send you a PM on June 1st on my prediction the Dow will be below 5,000. If I'm wrong (and I hope that I am) I'll flat out post that I was crazy. I'm reading the same thing Ave Joe is obviously reading though and it isn't good.
I don't like the news anymore than anyone else.....but I'm also being realistic as well.
B2pilot~ I'll send you a PM on June 1st on my prediction the Dow will be below 5,000. If I'm wrong (and I hope that I am) I'll flat out post that I was crazy. I'm reading the same thing Ave Joe is obviously reading though and it isn't good.
B2P
03-08-2009 | 07:05 PM
#46
Gets Weekends Off
Joined: Jan 2007
Posts: 579
Likes: 0
From: 757/767
I didn't get those numbers. I used the Feb 1st Seniority List from the Crew Reference link on the UPS web site and did an age sort. Could you recheck and let me know if your numbers are good. (I got 35 and 56 for a total of 91 for your dates.)
03-08-2009 | 07:12 PM
#47
Gets Weekends Off
Joined: Mar 2006
Posts: 266
Likes: 0
b2... your attitude is curious. It's as if you think it's absolutely a crap shoot what the next 5 minutes of your life will hold. How do you prepare for the future and make informed decisions? I'm just speculating that you don't read much because, "It's all doom and gloom anyway!" As if to say, "If it's not GOOD news, then why bother reading it?" I'm sure you understand the shortsightedness of this philosophy.
But hey, if it's working for you then good luck with that!
Joe
But hey, if it's working for you then good luck with that!
Joe
B2P
03-08-2009 | 08:10 PM
#48
Banned
Joined: Nov 2006
Posts: 937
Likes: 0
From: On Food Stamps
The numbers are good and are from the most current Seniority list! I am kinda an excel geek and I created a couple of different formulas to look into the future!
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