Home › Forums › Financial Markets/Economics › BREAKING NEWS – The Recession is over in Q3
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barnaby33.
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August 11, 2009 at 9:41 PM #443977August 11, 2009 at 10:00 PM #443787barnaby33Participant
It will be a jobless recovery with declining standards of living and mass defaults.
Arraya, this makes no sense. If you have no job creation, there is no recovery. Especially when you include declining living standards, leaving out mass defaults. None of those things is indicative of recovery all of them together cut off any chance of recovery. The best you could hope for is a decreasing recession under such circumstances.
Really though, the bottom callers have been coming out in droves these last few months. Mostly because the stock market is on a tear. The stock market is on a tear because of lots and lots of money loaned to the banks by the govt. That is inflationary, but thats about all that is. Good luck getting that inflationary pressure into consumer pricing. Joblessness will see that this doesn’t happen. More cash flowing into the banking system will just help destroy faith in the dollar as all that money is trying desperately to find a home with nowhere productive to go. Meanwhile the people who could use it aren’t getting it and are losing jobs and homes. That is NOT inflationary.
Long term inflation is the danger, short term, deflation is still the Force Majeure.
Josh
August 11, 2009 at 10:00 PM #444388barnaby33ParticipantIt will be a jobless recovery with declining standards of living and mass defaults.
Arraya, this makes no sense. If you have no job creation, there is no recovery. Especially when you include declining living standards, leaving out mass defaults. None of those things is indicative of recovery all of them together cut off any chance of recovery. The best you could hope for is a decreasing recession under such circumstances.
Really though, the bottom callers have been coming out in droves these last few months. Mostly because the stock market is on a tear. The stock market is on a tear because of lots and lots of money loaned to the banks by the govt. That is inflationary, but thats about all that is. Good luck getting that inflationary pressure into consumer pricing. Joblessness will see that this doesn’t happen. More cash flowing into the banking system will just help destroy faith in the dollar as all that money is trying desperately to find a home with nowhere productive to go. Meanwhile the people who could use it aren’t getting it and are losing jobs and homes. That is NOT inflationary.
Long term inflation is the danger, short term, deflation is still the Force Majeure.
Josh
August 11, 2009 at 10:00 PM #443982barnaby33ParticipantIt will be a jobless recovery with declining standards of living and mass defaults.
Arraya, this makes no sense. If you have no job creation, there is no recovery. Especially when you include declining living standards, leaving out mass defaults. None of those things is indicative of recovery all of them together cut off any chance of recovery. The best you could hope for is a decreasing recession under such circumstances.
Really though, the bottom callers have been coming out in droves these last few months. Mostly because the stock market is on a tear. The stock market is on a tear because of lots and lots of money loaned to the banks by the govt. That is inflationary, but thats about all that is. Good luck getting that inflationary pressure into consumer pricing. Joblessness will see that this doesn’t happen. More cash flowing into the banking system will just help destroy faith in the dollar as all that money is trying desperately to find a home with nowhere productive to go. Meanwhile the people who could use it aren’t getting it and are losing jobs and homes. That is NOT inflationary.
Long term inflation is the danger, short term, deflation is still the Force Majeure.
Josh
August 11, 2009 at 10:00 PM #444320barnaby33ParticipantIt will be a jobless recovery with declining standards of living and mass defaults.
Arraya, this makes no sense. If you have no job creation, there is no recovery. Especially when you include declining living standards, leaving out mass defaults. None of those things is indicative of recovery all of them together cut off any chance of recovery. The best you could hope for is a decreasing recession under such circumstances.
Really though, the bottom callers have been coming out in droves these last few months. Mostly because the stock market is on a tear. The stock market is on a tear because of lots and lots of money loaned to the banks by the govt. That is inflationary, but thats about all that is. Good luck getting that inflationary pressure into consumer pricing. Joblessness will see that this doesn’t happen. More cash flowing into the banking system will just help destroy faith in the dollar as all that money is trying desperately to find a home with nowhere productive to go. Meanwhile the people who could use it aren’t getting it and are losing jobs and homes. That is NOT inflationary.
Long term inflation is the danger, short term, deflation is still the Force Majeure.
Josh
August 11, 2009 at 10:00 PM #444567barnaby33ParticipantIt will be a jobless recovery with declining standards of living and mass defaults.
Arraya, this makes no sense. If you have no job creation, there is no recovery. Especially when you include declining living standards, leaving out mass defaults. None of those things is indicative of recovery all of them together cut off any chance of recovery. The best you could hope for is a decreasing recession under such circumstances.
Really though, the bottom callers have been coming out in droves these last few months. Mostly because the stock market is on a tear. The stock market is on a tear because of lots and lots of money loaned to the banks by the govt. That is inflationary, but thats about all that is. Good luck getting that inflationary pressure into consumer pricing. Joblessness will see that this doesn’t happen. More cash flowing into the banking system will just help destroy faith in the dollar as all that money is trying desperately to find a home with nowhere productive to go. Meanwhile the people who could use it aren’t getting it and are losing jobs and homes. That is NOT inflationary.
Long term inflation is the danger, short term, deflation is still the Force Majeure.
Josh
August 11, 2009 at 10:28 PM #443992jpinpb
Participant[quote=paramount]
He sees very slow growth well into the next decade once the gov’t money runs out.[/quote]The gov’t money is gonna run out? I just don’t see that happening ever. Maybe if everyone collectively just left the U.S. and no one left to tax. Other than that, expect your great, great grandkids to be giving money to banks and gov’t and their future generations.
August 11, 2009 at 10:28 PM #444398Participant[quote=paramount]
He sees very slow growth well into the next decade once the gov’t money runs out.[/quote]The gov’t money is gonna run out? I just don’t see that happening ever. Maybe if everyone collectively just left the U.S. and no one left to tax. Other than that, expect your great, great grandkids to be giving money to banks and gov’t and their future generations.
August 11, 2009 at 10:28 PM #443797Participant[quote=paramount]
He sees very slow growth well into the next decade once the gov’t money runs out.[/quote]The gov’t money is gonna run out? I just don’t see that happening ever. Maybe if everyone collectively just left the U.S. and no one left to tax. Other than that, expect your great, great grandkids to be giving money to banks and gov’t and their future generations.
August 11, 2009 at 10:28 PM #444577Participant[quote=paramount]
He sees very slow growth well into the next decade once the gov’t money runs out.[/quote]The gov’t money is gonna run out? I just don’t see that happening ever. Maybe if everyone collectively just left the U.S. and no one left to tax. Other than that, expect your great, great grandkids to be giving money to banks and gov’t and their future generations.
August 11, 2009 at 10:28 PM #444330Participant[quote=paramount]
He sees very slow growth well into the next decade once the gov’t money runs out.[/quote]The gov’t money is gonna run out? I just don’t see that happening ever. Maybe if everyone collectively just left the U.S. and no one left to tax. Other than that, expect your great, great grandkids to be giving money to banks and gov’t and their future generations.
August 11, 2009 at 11:13 PM #444413paramount
ParticipantI saw this on yahoo finance, interesting:
New Bull, New Bubble, New Meltdown by 2012
by Paul B. Farrell
Tuesday, August 11, 2009Basically, this article suggests we will be in a full on depression by 2012 due to a massive global credit meltdown. Due in part to a failure of the central banking system.
August 11, 2009 at 11:13 PM #444345ParticipantI saw this on yahoo finance, interesting:
New Bull, New Bubble, New Meltdown by 2012
by Paul B. Farrell
Tuesday, August 11, 2009Basically, this article suggests we will be in a full on depression by 2012 due to a massive global credit meltdown. Due in part to a failure of the central banking system.
August 11, 2009 at 11:13 PM #444592ParticipantI saw this on yahoo finance, interesting:
New Bull, New Bubble, New Meltdown by 2012
by Paul B. Farrell
Tuesday, August 11, 2009Basically, this article suggests we will be in a full on depression by 2012 due to a massive global credit meltdown. Due in part to a failure of the central banking system.
August 11, 2009 at 11:13 PM #443812ParticipantI saw this on yahoo finance, interesting:
New Bull, New Bubble, New Meltdown by 2012
by Paul B. Farrell
Tuesday, August 11, 2009Basically, this article suggests we will be in a full on depression by 2012 due to a massive global credit meltdown. Due in part to a failure of the central banking system.
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