Is there another recession on the way?
With so many countries in debt, and the problems ont he stock market. Is there another recession about to strike?
Not sure we finished the last one. The problem with debt is that it can become bad debt. It can take some time for economies to digest bad debt.
Apperantly so - maybe I should have worded it as a double dip recession.
Yes it seems like, things are turning out be worse and as economies collapse it is pretty much there that another recession might hit us
We have all been waiting for things to get better, and they never really did. How much worse can it get?
by Stacie L 12 years ago
“It’s Going to Get a Lot Worse”: ECRI’s Achuthan Says New Recession UnavoidableWeakness in leading economic indicators has become so pervasive the Economic Cycle Research Institute now predicts a new recession is unavoidable."The vicious cycle is starting where lower sales, lower production,...
by Scott Belford 22 hours ago
This is, of course, an open question since he has just started his four years, but since the RINO Party is already saying defeating Covid and growing the economy is a disaster, I thought I would start a thread that proves them wrong.I just listed two things he has done:- Got America well on its way...
by Gary Anderson 14 years ago
The consumer is the catalyst of our economy. The consumer is tapped out by bad loans, too much credit, by a greedy banking system that wanted profits before responsibility. Option arm loans, credit card loans, and other debt will put a dangerous strain upon the economy through 2011 at least. Even...
by wacknuts 14 years ago
And what does it mean for us?
by Om Prakash Singh 14 years ago
The great recession is still in progress and till it's gonna be there for quite sometime. It has affected each and everyone of us. But I was wondering what are the things that we learned (or are still learning) from the meltdown. I personally have learned two things;1. We all must have savings, no...
by Jack Lee 6 years ago
How can the GOP sign this bill and claim they are for fiscal responsibility?If winning elections and maintaining majority in both Houses of Congress means giving in to demands of the minority, then we might as well vote Democrats...At least they say they want more spending...You GOP are the lost...
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