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LayYouIn
Taurus



Registered: 09/28/06
Posts: 4,402
Loc: Organ
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Recession Ahead?
#7814481 - 12/30/07 05:14 PM (16 years, 1 month ago) |
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http://www.forbes.com/home/opinions/2007/12/26/croesus-chronicles-recession-oped-cz_rl_1227croesus.html?partner=yahoofp
if it's true, what should i do? should i stock up on food and medicine?
i keep hearing that we are going to enter one and then i hear that we are not. im beginning to think that we are going to enter one. i've been saving my money and im beginning to think that it's all going to be a waste.
what happens in a recession? how fast does it hit? what things could a person do to prepare for one?
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Muppet
Nomadic Jester



Registered: 08/14/02
Posts: 28,785
Loc: (523) 327-2836
Last seen: 13 years, 11 days
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Re: Recession Ahead? [Re: LayYouIn]
#7814501 - 12/30/07 05:18 PM (16 years, 1 month ago) |
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I dunno about you, but I'm buying a shottie
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Ravings of a Madman
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trendal
J♠



Registered: 04/17/01
Posts: 20,815
Loc: Ontario, Canada
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Re: Recession Ahead? [Re: LayYouIn]
#7814523 - 12/30/07 05:22 PM (16 years, 1 month ago) |
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-=> PEAK OIL <=-
click for details
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Once, men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them.
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LayYouIn
Taurus



Registered: 09/28/06
Posts: 4,402
Loc: Organ
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Re: Recession Ahead? [Re: Muppet]
#7814530 - 12/30/07 05:23 PM (16 years, 1 month ago) |
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is that what i should do, buy a gun? i have a .22 with a scope, several banana clips, and a reloader for the clips...but it's only a .22...
a new car would be worthless i guess...with no gas.
would prices go up or down in a recession?
what kind of things should a person stock up on?
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Muppet
Nomadic Jester



Registered: 08/14/02
Posts: 28,785
Loc: (523) 327-2836
Last seen: 13 years, 11 days
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Re: Recession Ahead? [Re: LayYouIn]
#7814532 - 12/30/07 05:24 PM (16 years, 1 month ago) |
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Quote:
LayYouIn said: what kind of things should a person stock up on?
ammo...lots and lots of ammo
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Ravings of a Madman
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Muppet
Nomadic Jester



Registered: 08/14/02
Posts: 28,785
Loc: (523) 327-2836
Last seen: 13 years, 11 days
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Re: Recession Ahead? [Re: Muppet]
#7814537 - 12/30/07 05:25 PM (16 years, 1 month ago) |
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you gotta remember that when everyone's broke and nobody can even buy their own food - they're gonna straight up take it
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Ravings of a Madman
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Drewwyann
Slayer of ticks



Registered: 10/30/06
Posts: 4,077
Loc: Atlantis
Last seen: 10 years, 3 months
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Re: Recession Ahead? [Re: LayYouIn]
#7814541 - 12/30/07 05:25 PM (16 years, 1 month ago) |
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I think you're overreacting.
Yes, the economy is fucked, but I don't think you'll need a gun for anything unless you live in a bad neighborhood.
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 Anyone need a glass pipe? : http://www.facebook.com/profile.php?id=100002435158931 Love powerfully  
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LayYouIn
Taurus



Registered: 09/28/06
Posts: 4,402
Loc: Organ
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Re: Recession Ahead? [Re: trendal]
#7814552 - 12/30/07 05:28 PM (16 years, 1 month ago) |
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Quote:
trendal said: -=> PEAK OIL <=-
click for details
according to that graph, oil will be around a while after im dead even if i live a long life.
i wanted to atleast live to see the shit hit the fan.
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trendal
J♠



Registered: 04/17/01
Posts: 20,815
Loc: Ontario, Canada
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Re: Recession Ahead? [Re: LayYouIn]
#7814557 - 12/30/07 05:30 PM (16 years, 1 month ago) |
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You have entirely missed the point 
It's where the graph crosses the mid-point that trouble ensues.
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Once, men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them.
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The_Red_Crayon
Exposer of Truth


Registered: 08/13/03
Posts: 13,673
Loc: Smokey Mtns. TN
Last seen: 6 years, 8 months
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Re: Recession Ahead? [Re: LayYouIn]
#7814563 - 12/30/07 05:31 PM (16 years, 1 month ago) |
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Ive heard the subprime mortgage crisis is starting to dip into credit cards, to many people living beyond their means.
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LayYouIn
Taurus



Registered: 09/28/06
Posts: 4,402
Loc: Organ
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Re: Recession Ahead? [Re: Drewwyann]
#7814564 - 12/30/07 05:32 PM (16 years, 1 month ago) |
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im still going to buy a better gun. my brother has a large collection and i figure our family could join others and start some kind of alliance. we'll call ourselves The Alliance Of The White Hand. survival of the fittest. and we'll eat shrooms.
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The_Red_Crayon
Exposer of Truth


Registered: 08/13/03
Posts: 13,673
Loc: Smokey Mtns. TN
Last seen: 6 years, 8 months
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Re: Recession Ahead? [Re: LayYouIn]
#7814586 - 12/30/07 05:38 PM (16 years, 1 month ago) |
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hmm sounds like a good name for a militant group, how bout national struggle for the liberation of (insert region here)
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memes
Blessed



Registered: 01/11/05
Posts: 27,785
Loc: In a Tree
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jesus people - it's an economic recession, not anarchy.
all it means is that everyone will have less money (essentially). business will slow as people tighten up their budgets to "brace" for the recession. essentially, people's preparations for a recession aids in leading to one. its the self-fulfilling prophecy.
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LayYouIn
Taurus



Registered: 09/28/06
Posts: 4,402
Loc: Organ
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Re: Recession Ahead? [Re: memes]
#7814686 - 12/30/07 06:09 PM (16 years, 1 month ago) |
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so, since i haven't been buying and eating very much candy lately and i quit going to the pub for beer and dinner and i have almost completely cut fast food out of my diet and im saving all my money for a new car...im helping create the recession?
will prices go up or down?
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Oracle Of Delphi
I, Phantom



Registered: 06/23/02
Posts: 1,135
Loc: State of Disrepair
Last seen: 15 years, 2 months
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Re: Recession Ahead? [Re: LayYouIn]
#7814688 - 12/30/07 06:10 PM (16 years, 1 month ago) |
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Quote:
LayYouIn said: im still going to buy a better gun. my brother has a large collection and i figure our family could join others and start some kind of alliance. we'll call ourselves The Alliance Of The White Hand. survival of the fittest. and we'll eat shrooms.
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LayYouIn
Taurus



Registered: 09/28/06
Posts: 4,402
Loc: Organ
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buckwheat
Cynically Insane


Registered: 12/09/02
Posts: 11,179
Loc: Not Enough Characters to ...
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Re: Recession Ahead? [Re: LayYouIn]
#7814713 - 12/30/07 06:18 PM (16 years, 1 month ago) |
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Do you even know whar recession means?
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LayYouIn
Taurus



Registered: 09/28/06
Posts: 4,402
Loc: Organ
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Re: Recession Ahead? [Re: buckwheat]
#7814715 - 12/30/07 06:20 PM (16 years, 1 month ago) |
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no. 
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trendal
J♠



Registered: 04/17/01
Posts: 20,815
Loc: Ontario, Canada
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Re: Recession Ahead? [Re: buckwheat]
#7814737 - 12/30/07 06:26 PM (16 years, 1 month ago) |
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"In macroeconomics, a recession is a decline in any country's gross domestic product (GDP), or negative real economic growth, for two or more successive quarters of a year." http://en.wikipedia.org/wiki/Recession
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Once, men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them.
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buckwheat
Cynically Insane


Registered: 12/09/02
Posts: 11,179
Loc: Not Enough Characters to ...
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Re: Recession Ahead? [Re: LayYouIn]
#7814738 - 12/30/07 06:26 PM (16 years, 1 month ago) |
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You wont be needing food or medicine if it does happen. But it's good to stock up on those anyways. Ive been meaning to but i keep buying guns instead.
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