...you to any great extent?
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When you're running down my country hoss...you're walking on the fighting side of me!
FOR THE LYING LOWLIFE POSTING AS PATHFINDER...http://gfy.com/fucking-around-and-pr...athfinder.html -
present. -
Indeed
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im here to stay
Read TOS for signature rulesComment
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I dare not tempt fate.-D.
ICQ: 202-96-31Comment
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A recession will affect everyone.. some larger than othersComment
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Produced in Canada.
Hosted in Canada.
...in Canadian dollars.
What is this thing, recession?Comment
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i don't think anyone is recession proof, it hits all of us regardless of what industry you are in or what you do
it may not be directly, but it hits you in some wayComment
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Billing in canadian dollars too ?
What about the majority of your customers ? Americans...
What about the fact that 75 % of all canadian exports are to america ?
If you think the recession will not affect you, you're dead wrong... It fill affect greatly the north american and asian market. Everybody will be affected.
The budjet of our province was posted yesterday, everything was done in a conservative way, in preparation for the recession.Last edited by Doctor Dre; 03-14-2008, 05:40 PM.Originally posted by rayadp05Comment
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We shall survive just work hard spend less.Comment
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I don't doubt that's true - but thankfully we've [yet] to see any effects of a recession in our stats and earnings.
In the meantime - we've been doubling production output and stockpiling a ton of new content since Jan. and preparing for a worst case scenario if it happens.Comment
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Recessions primarily effect the middle class. Since most people here are low class, they won't notice a thing.
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When you're running down my country hoss...you're walking on the fighting side of me!
FOR THE LYING LOWLIFE POSTING AS PATHFINDER...http://gfy.com/fucking-around-and-pr...athfinder.htmlComment
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Anymore of you?When you're running down my country hoss...you're walking on the fighting side of me!
FOR THE LYING LOWLIFE POSTING AS PATHFINDER...http://gfy.com/fucking-around-and-pr...athfinder.htmlComment
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Two things to consider. Wealth and income.
Income. I don't think a 90/91 or 01 style recessions would hurt our business much. I think an 80/82 style one would. We haven't seen anything yet. All ratios seem the same and so on. If I had to guess I'd think something worse than 90 or 01 but not as bad as 80/82 but who knows. Many possibilities and future events will still determine the course. Consumer spending is notoriously difficult to predict. Sometimes when the consensus is that the consumer should be down they spend and vice versa.
My housing value and investments are already down. Investments holding up pretty well though. Lots of gas and oil stock to balance the shit going on elsewhere. Hopefully I've made the right moves in the markets to capitalize on the lower equity prices. Could end up even better than without a recession. But the value of my house is down something like 20% off peak.
There are dangers. There are also MANY opportunities. A long deep recessions might bring firesale prices to local businesses whose owners can't weather the storm. There are already beaten down equity prices which are probably great deals. Housing presents (certainly risky) opportunities.
skype = "adultdatelink"Comment
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How about the predicted depression in about 2 years?
If we do not get rid of the fed now there is little hope to avoid a depression.
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