Home › Forums › Financial Markets/Economics › This Recession, It’s Just Beginning
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June 29, 2008 at 4:06 PM #231119June 29, 2008 at 8:19 PM #231117JWM in SDParticipant
“I work for a local tech company. Business fell off a cliff starting in May-Big corporations, especially seem to have shut down. Combine that with consumer pressure and you are in for a rough one.”
And how many months have I been warning people here about this and no one takes it seriously???? One more time.
You better look at your employment situation and do a real gut check on how stable it is likely to be. You better do it soon…the job market in SoCal is BAD, BAD, BAD and getting worse.
This warning is particularly important to the all of the Engineers who post here who think they are immune to this…you are not. Cost of Capital has a way of wrecking R&D Engineer Careers….trust me on this.
June 29, 2008 at 8:19 PM #231238JWM in SDParticipant“I work for a local tech company. Business fell off a cliff starting in May-Big corporations, especially seem to have shut down. Combine that with consumer pressure and you are in for a rough one.”
And how many months have I been warning people here about this and no one takes it seriously???? One more time.
You better look at your employment situation and do a real gut check on how stable it is likely to be. You better do it soon…the job market in SoCal is BAD, BAD, BAD and getting worse.
This warning is particularly important to the all of the Engineers who post here who think they are immune to this…you are not. Cost of Capital has a way of wrecking R&D Engineer Careers….trust me on this.
June 29, 2008 at 8:19 PM #231247JWM in SDParticipant“I work for a local tech company. Business fell off a cliff starting in May-Big corporations, especially seem to have shut down. Combine that with consumer pressure and you are in for a rough one.”
And how many months have I been warning people here about this and no one takes it seriously???? One more time.
You better look at your employment situation and do a real gut check on how stable it is likely to be. You better do it soon…the job market in SoCal is BAD, BAD, BAD and getting worse.
This warning is particularly important to the all of the Engineers who post here who think they are immune to this…you are not. Cost of Capital has a way of wrecking R&D Engineer Careers….trust me on this.
June 29, 2008 at 8:19 PM #231286JWM in SDParticipant“I work for a local tech company. Business fell off a cliff starting in May-Big corporations, especially seem to have shut down. Combine that with consumer pressure and you are in for a rough one.”
And how many months have I been warning people here about this and no one takes it seriously???? One more time.
You better look at your employment situation and do a real gut check on how stable it is likely to be. You better do it soon…the job market in SoCal is BAD, BAD, BAD and getting worse.
This warning is particularly important to the all of the Engineers who post here who think they are immune to this…you are not. Cost of Capital has a way of wrecking R&D Engineer Careers….trust me on this.
June 29, 2008 at 8:19 PM #231299JWM in SDParticipant“I work for a local tech company. Business fell off a cliff starting in May-Big corporations, especially seem to have shut down. Combine that with consumer pressure and you are in for a rough one.”
And how many months have I been warning people here about this and no one takes it seriously???? One more time.
You better look at your employment situation and do a real gut check on how stable it is likely to be. You better do it soon…the job market in SoCal is BAD, BAD, BAD and getting worse.
This warning is particularly important to the all of the Engineers who post here who think they are immune to this…you are not. Cost of Capital has a way of wrecking R&D Engineer Careers….trust me on this.
June 29, 2008 at 11:47 PM #231239poorsaverParticipantstockstradr, I also agree with what you posted, with one small caveat. I question if we are at the end of the “Age of oil”, as you put it. Since the ice has melted at the north pole, it has opened up a huge area for new drilling and exploration. I’ve got a feeling oil will be around for a long time to come. However, from an economic standpoint, we may have to wean ourselves off oil and into alternative energy sources for survival. Problem is we’re not doing that fast enough and are playing catch up with asia and europe. I believe it will be a new world order for our children.
June 29, 2008 at 11:47 PM #231360poorsaverParticipantstockstradr, I also agree with what you posted, with one small caveat. I question if we are at the end of the “Age of oil”, as you put it. Since the ice has melted at the north pole, it has opened up a huge area for new drilling and exploration. I’ve got a feeling oil will be around for a long time to come. However, from an economic standpoint, we may have to wean ourselves off oil and into alternative energy sources for survival. Problem is we’re not doing that fast enough and are playing catch up with asia and europe. I believe it will be a new world order for our children.
June 29, 2008 at 11:47 PM #231370poorsaverParticipantstockstradr, I also agree with what you posted, with one small caveat. I question if we are at the end of the “Age of oil”, as you put it. Since the ice has melted at the north pole, it has opened up a huge area for new drilling and exploration. I’ve got a feeling oil will be around for a long time to come. However, from an economic standpoint, we may have to wean ourselves off oil and into alternative energy sources for survival. Problem is we’re not doing that fast enough and are playing catch up with asia and europe. I believe it will be a new world order for our children.
June 29, 2008 at 11:47 PM #231406poorsaverParticipantstockstradr, I also agree with what you posted, with one small caveat. I question if we are at the end of the “Age of oil”, as you put it. Since the ice has melted at the north pole, it has opened up a huge area for new drilling and exploration. I’ve got a feeling oil will be around for a long time to come. However, from an economic standpoint, we may have to wean ourselves off oil and into alternative energy sources for survival. Problem is we’re not doing that fast enough and are playing catch up with asia and europe. I believe it will be a new world order for our children.
June 29, 2008 at 11:47 PM #231420poorsaverParticipantstockstradr, I also agree with what you posted, with one small caveat. I question if we are at the end of the “Age of oil”, as you put it. Since the ice has melted at the north pole, it has opened up a huge area for new drilling and exploration. I’ve got a feeling oil will be around for a long time to come. However, from an economic standpoint, we may have to wean ourselves off oil and into alternative energy sources for survival. Problem is we’re not doing that fast enough and are playing catch up with asia and europe. I believe it will be a new world order for our children.
June 30, 2008 at 12:45 AM #231258kewpParticipantThis warning is particularly important to the all of the Engineers who post here who think they are immune to this…you are not. Cost of Capital has a way of wrecking R&D Engineer Careers….trust me on this.
Well, I did make the decision three years ago to move to the public sector and rent a place within walking distance of free transportation to my place of employment.
Therefore, sorry, I’m about as immune as is possible at this point.
June 30, 2008 at 12:45 AM #231380kewpParticipantThis warning is particularly important to the all of the Engineers who post here who think they are immune to this…you are not. Cost of Capital has a way of wrecking R&D Engineer Careers….trust me on this.
Well, I did make the decision three years ago to move to the public sector and rent a place within walking distance of free transportation to my place of employment.
Therefore, sorry, I’m about as immune as is possible at this point.
June 30, 2008 at 12:45 AM #231389kewpParticipantThis warning is particularly important to the all of the Engineers who post here who think they are immune to this…you are not. Cost of Capital has a way of wrecking R&D Engineer Careers….trust me on this.
Well, I did make the decision three years ago to move to the public sector and rent a place within walking distance of free transportation to my place of employment.
Therefore, sorry, I’m about as immune as is possible at this point.
June 30, 2008 at 12:45 AM #231426kewpParticipantThis warning is particularly important to the all of the Engineers who post here who think they are immune to this…you are not. Cost of Capital has a way of wrecking R&D Engineer Careers….trust me on this.
Well, I did make the decision three years ago to move to the public sector and rent a place within walking distance of free transportation to my place of employment.
Therefore, sorry, I’m about as immune as is possible at this point.
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