So, the bailout bill was declined. Dow is down 800 points. We're gonna be going into a depression similar to the one in the 30's if we keep doing nothing. This sucks.
-
-
Re: Depression: Part 2!
WE NEED TO SPEND MORE MONIES!
i suggest we ignore child labor laws for now until things get better
-
Re: Depression: Part 2!
betr go resurrect fdrComment
-
Re: Depression: Part 2!
Did someone call for me?It is common sense to take a method and try it. If it fails, admit it frankly and try another. But above all, try something.Comment
-
Re: Depression: Part 2!
And gold went up 25%. If you have any, sell sell sell. Before you know it, it'll be currency again.Funny stuff goes in this area right?Comment
-
Re: Depression: Part 2!
We've been talking about this non-stop in my Civics class. It's scary to think that we're going into another depression. Yeah, I can definitely see that happening. As much as everybody would like to avoid it-- our economy is running straight into the ground.Originally posted by PatashuOriginally posted by Sprite-Originally posted by knuckles2224Comment
-
Re: Depression: Part 2!
Like I said in that other thread related to this, we aren't going to be the only ones going into a depression.
The whole world is going to feel this one, as the economy we know that is based on paper is shaken to its foundations.
I actually think Sh4d0wD3v1L could be right...I can fathom a return to a system that is actually based on precious metals rather than paper and credit.Comment
-
Re: Depression: Part 2!
What do you think will happen if we do go into another depression?
Comment
-
Re: Depression: Part 2!
Even precious metals require us to attach a value to them. It is best to deal with them because they never become more or less than what they are, as opposed to paper. But even so, we're still ****ed..
Originally Posted by jewpinthethird[link]:
"If you get stung by enough bees you turn into a bee,
because the venom gets into the blood stream which
spreads bee DNA throughout your entire body...
changing your genetic structure into a bee's.
Every year roughly 125 people in America are turned into bees this way."
Originally Posted by MrRubix[link]:
"Do you basically bukkake-paint your walls every time you jack it?"
Originally Posted by All_That_Chaz[link]:
"My pity-sex depreciates at a rate of 5% annually."Comment
-
Re: Depression: Part 2!
Yeah we talked about this in my Economics class.
The House rejected the $700 billion bill too ... to think it was only -178.xx this morning and we were like "omg this is horrribbbbbbleeeeeeee!!!"
... that wasn't even the start of it.
But really, I remember hearing a while back that economists had said that our government had "safeguards" in place in the event that a crisis ever did occur.
... anyone know about these and what exactly they would do to prevent a depression, or did I really just fabricate that in hope?Comment
-
Comment
-
Re: Depression: Part 2!
You really just fabricated that.
You will witness the demise of the world economy in the imminent future.
EDIT: Well, you're actually witnessing the start of it right now to be honest.
BRACE FOR DOMINO EFFECTLast edited by foilman8805; 09-29-2008, 05:37 PM.Comment
-
Re: Depression: Part 2!
As much as I dislike most of what Obama stands for, I know that if McCain gets into the big office, we are all as ****ed as is possible. But, personally, I don't think Obama, or anyone for that matter, can fix this mess.
Twilight Sparkle's Ponyville Group
Free Chiptune Streaming Radio!
Thanks justin_ator and megamon88 for making my sig 20% cooler.Comment
-
Re: Depression: Part 2!
so bottom line is that we r fuk'dComment
Comment