unemployed will hit 30 percent by next year

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  • Barefootsies
    Choice is an Illusion
    • Feb 2005
    • 42635

    #1

    unemployed will hit 30 percent by next year

    We're nearly at one out of four laid-off workers has already been out of work for six months.

    That's Andrew Stettner at the National Employment Law Project. He and his research partners at UC-Berkeley predict the share of long-term unemployed will hit 30 percent by next year. A quarter of that group is African American. And here are some trends among the long-term jobless: They increasingly include college graduates. Women are just as likely as men to be out of work for a long time. And workers over 45 account for well over a third of the long-term unemployed.
    http://marketplace.publicradio.org/d..._unemployment/
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    "Would you rather live like a king for a year or like a prince forever?"
  • AAB
    Confirmed User
    • Apr 2009
    • 874

    #2
    I don't see that happening. An economy with 30% unemployment rate can't survive. I think the threshold is in the neighborhood of 21%

    Comment

    • nation-x
      Confirmed User
      • Mar 2004
      • 5370

      #3
      There would be drastic measures taken before that would happen I think.

      Comment

      • GatorB
        The Demon & 12clicks
        • Oct 2001
        • 18208

        #4
        You need to learn to read. It doesn't say unemployment wil be 30% moron.

        "We're nearly at one out of four laid-off workers has already been out of work for six months.

        That's Andrew Stettner at the National Employment Law Project. He and his research partners at UC-Berkeley predict the share of long-term unemployed will hit 30 percent by next year"

        That means of those that have been laid off 30% will be laid off 6 months or more. So if umployment is at 10% then 30% of those or 3% overall, will have been out of work for 6 months or more.

        Comment

        • scuba steve
          Confirmed User
          • Oct 2008
          • 1888

          #5
          Originally posted by nation-x
          There would be drastic measures taken before that would happen I think.
          30%=anarchy and riots

          Comment

          • LiveDose
            Show Yer Tits!
            • Feb 2002
            • 25792

            #6
            No way toots. That won't happen.

            Scammer Alert: acer19 acer [email protected] [email protected] Money stolen using PayPal

            Comment

            • Cyber Fucker
              Hmm
              • Sep 2005
              • 12642

              #7
              Not good...

              Comment

              • EscortBiz
                Fuck Checks, CASH only!
                • May 2002
                • 19422

                #8
                nah dont think we go above 10%

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                • Barefootsies
                  Choice is an Illusion
                  • Feb 2005
                  • 42635

                  #9
                  Originally posted by GatorB
                  You need to learn to read. It doesn't say unemployment wil be 30% moron.
                  The one that needs to learn to read is you bitch. Was it too complicated to follow the linked the article? I quoted it verbatim. Fucking unreal.

                  GFY never ceases to amaze me.
                  Last edited by Barefootsies; 05-10-2009, 04:21 PM.
                  Should You Email Your Members?

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                  Enough Said.

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                  • DWB
                    Registered User
                    • Jul 2003
                    • 31779

                    #10
                    Well, looks like the pornographers say it's not gonna happen so... it's not gonna happen.

                    Comment

                    • Barefootsies
                      Choice is an Illusion
                      • Feb 2005
                      • 42635

                      #11
                      Originally posted by DirtyWhiteBoy
                      Well, looks like the pornographers say it's not gonna happen so... it's not gonna happen.
                      Should You Email Your Members?

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                      Enough Said.

                      "Would you rather live like a king for a year or like a prince forever?"

                      Comment

                      • Snake Doctor
                        I'm Lenny2 Bitch
                        • Mar 2001
                        • 13449

                        #12
                        Misleading thread titles rock
                        sig too big

                        Comment

                        • Barefootsies
                          Choice is an Illusion
                          • Feb 2005
                          • 42635

                          #13
                          Originally posted by Snake Doctor
                          Misleading thread titles rock
                          Yeah. That is unheard of at GFY.
                          Should You Email Your Members?

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                          Enough Said.

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                          • woj
                            <&(©¿©)&>
                            • Jul 2002
                            • 47880

                            #14
                            Unemployment Rate 8.9% Apr 2009
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                            • IllTestYourGirls
                              Ah My Balls
                              • Feb 2007
                              • 14311

                              #15
                              Originally posted by woj
                              Unemployment Rate 8.9% Apr 2009
                              Underemployment rates are more important

                              24,700,000 Americans are underemployed

                              http://www.mybudget360.com/24700000-...t-158-percent/

                              Unemployed: 13,700,000

                              Part-time but looking for full-time: 8,900,000

                              Marginally Attached and Discouraged Workers: 2,100,000

                              About 15.8%

                              Comment

                              • Si
                                Such Fun!
                                • Feb 2008
                                • 13900

                                #16
                                As Don King once said:

                                "Only in america!"

                                Comment

                                • PornoStar69
                                  Confirmed User
                                  • Oct 2008
                                  • 2069

                                  #17
                                  Great Depression 2
                                  (banks will crash,lose ALL your money)
                                  World War 3

                                  New World Order illuminati are behind current events they OWN Obamas ass.
                                  GFY King?

                                  Comment

                                  • DWB
                                    Registered User
                                    • Jul 2003
                                    • 31779

                                    #18
                                    Originally posted by PornoStar69
                                    Banks will crash,lose ALL your money

                                    World War 3

                                    New World Order illuminati are behind current events they OWN Obamas ass.
                                    The biggest banks won't crash. They will just be nationalized and totally controlled.

                                    WW3 is going to happen regardless.

                                    NWO I won't argue with you. Obama is a Trojan horse and that's all I have to say about that.

                                    Comment

                                    • Agent 488
                                      Registered User
                                      • Feb 2006
                                      • 22511

                                      #19
                                      real unemployemt hit 15.7 i think?

                                      things are getting more orwellian by the week.

                                      Comment

                                      • GatorB
                                        The Demon & 12clicks
                                        • Oct 2001
                                        • 18208

                                        #20
                                        Originally posted by Barefootsies
                                        The one that needs to learn to read is you bitch. Was it too complicated to follow the linked the article? I quoted it verbatim. Fucking unreal.

                                        GFY never ceases to amaze me.
                                        No BITCH it's you that need to learn to read. Please read CORRECTLY. It does NOT say that unemployment will be 30%. I already explained what he meant. Now I would appreciate an apology.

                                        Comment

                                        • theking
                                          Nice Kitty
                                          • Sep 2002
                                          • 21053

                                          #21
                                          Originally posted by Barefootsies
                                          The one that needs to learn to read is you bitch. Was it too complicated to follow the linked the article? I quoted it verbatim. Fucking unreal.

                                          GFY never ceases to amaze me.
                                          You need to reread the article...as no where does it state what you are claiming.
                                          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

                                          Comment

                                          • Luscious Media
                                            Confirmed User
                                            • Feb 2005
                                            • 785

                                            #22
                                            Luscious Media
                                            ICQ: 293-550-859
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                                            • Barefootsies
                                              Choice is an Illusion
                                              • Feb 2005
                                              • 42635

                                              #23
                                              Originally posted by theking
                                              You need to reread the article...as no where does it state what you are claiming.
                                              First of all, I am not 'claiming' shit bitch. I cited and article, and cut and paste a paragraph out of it.

                                              Now, for those ignorant reading disabled fuckheads. Here is the article, from the direct link provided, quoted in it's entirety, complete with what I cited.

                                              TEXT OF STORY

                                              Tess Vigeland: April unemployment numbers are due out tomorrow. Economists are predicting they'll show that the pace of layoffs is slowing. But the jobless rate is still on track to hit a 25-year high. And as Marketplace's Sarah Gardner reports, there's new evidence that long-term unemployment in this recession is also breaking some records.

                                              Sarah Gardner: If you've been without a job for more than six months, know this: you've got plenty of company. A new report out today shows long-term unemployment is higher now than during the 1981 recession.

                                              ANDREW STETTNER: We're nearly at one out of four laid-off workers has already been out of work for six months.

                                              That's Andrew Stettner at the National Employment Law Project. He and his research partners at UC-Berkeley predict the share of long-term unemployed will hit 30 percent by next year. A quarter of that group is African American. And here are some trends among the long-term jobless: They increasingly include college graduates. Women are just as likely as men to be out of work for a long time. And workers over 45 account for well over a third of the long-term unemployed.


                                              STETTNER: Older workers are increasingly being laid off, and they don't have the option of retirement. I think that's one thing that's really changed. They don't have savings or the equity in their houses to retire early.

                                              Louis Avila of Sacramento isn't quite 45, but he's been looking for work since last March. He was a purchasing agent for a furniture maker that moved to Viet Nam. He's trying to remain positive.

                                              LOUIS AVILA: You can't wait for the jobs to come across your computer or your e-mail. You have to look and call friends and network and maybe join some social-networking group.

                                              But Avila says he's only had a few interviews in the last 14 months. He says forget about getting call backs. You find out online if you're rejected. Avila's decided that if nothing comes through soon, he'll have to go back to school.

                                              I'm Sarah Gardner for Marketplace.
                                              Last edited by Barefootsies; 05-10-2009, 08:47 PM.
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                                              • MrLuvr
                                                Confirmed User
                                                • Nov 2004
                                                • 538

                                                #24
                                                Originally posted by Barefootsies
                                                The one that needs to learn to read is you bitch. Was it too complicated to follow the linked the article? I quoted it verbatim. Fucking unreal.

                                                GFY never ceases to amaze me.
                                                Go back to taking pictures of feet and trying to flog your stupid clip 4 sale stores you moron. You obviously don't even have basic comprehension skills. I always knew you were full of crap.

                                                From the article you linked to:

                                                ANDREW STETTNER: We're nearly at one out of four laid-off workers has already been out of work for six months.
                                                What does that mean to you? He is saying that 25% of those UNEMPLOYED already are long term unemployed, i.e out of a job for 6 months or more.

                                                All he is saying is that number will rise to 30% OF UNEMPLOYED. NOT OF THE TOTAL POPULATION.

                                                DO YOU GET IT? STUPID DUMB FUCK.

                                                Probably not, you are too stupid to even know that you are stupid.

                                                Comment

                                                • theking
                                                  Nice Kitty
                                                  • Sep 2002
                                                  • 21053

                                                  #25
                                                  Originally posted by Barefootsies
                                                  First of all, I am not 'claiming' shit bitch. I cited and article, and cut and paste a paragraph out of it.

                                                  Now, for those ignorant reading disabled fuckheads. Here is the article, from the direct link provided, quoted in it's entirety, complete with what I cited.



                                                  Your reading comprehension skills are not very good...are they?

                                                  BTW...this is what your claim was "unemployed will hit 30 percent by next year" and it simply not what the article states.
                                                  Last edited by theking; 05-10-2009, 08:54 PM.
                                                  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

                                                  Comment

                                                  • Barefootsies
                                                    Choice is an Illusion
                                                    • Feb 2005
                                                    • 42635

                                                    #26
                                                    Pure comedy.

                                                    Not in my initial post, nor in any reply I have made in this thread, have I stated my position nor made a statement on my beliefs on the article in any way.

                                                    I quote and article, not written by me. Linking directly to it for you to read the comments from the author directly, yet you three are like the blind mice who can't read.

                                                    Priceless.

                                                    Should You Email Your Members?

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                                                    Enough Said.

                                                    "Would you rather live like a king for a year or like a prince forever?"

                                                    Comment

                                                    • Barefootsies
                                                      Choice is an Illusion
                                                      • Feb 2005
                                                      • 42635

                                                      #27
                                                      Originally posted by theking
                                                      BTW...this is what your claim was "unemployed will hit 30 percent by next year" and it simply not what the article states.
                                                      Oh yeah? Where exactly do I claim this at any point in the thread in my words?

                                                      Yeah, didn't think so. Nice try though champ.

                                                      Should You Email Your Members?

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                                                      Enough Said.

                                                      "Would you rather live like a king for a year or like a prince forever?"

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                                                      • theking
                                                        Nice Kitty
                                                        • Sep 2002
                                                        • 21053

                                                        #28
                                                        Originally posted by Barefootsies
                                                        Oh yeah? Where exactly do I claim this at any point in the thread in my words?

                                                        Yeah, didn't think so. Nice try though champ.

                                                        Read the title to your thread...sport.
                                                        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

                                                        Comment

                                                        • Barefootsies
                                                          Choice is an Illusion
                                                          • Feb 2005
                                                          • 42635

                                                          #29
                                                          Originally posted by theking
                                                          Read the title to your thread...sport.
                                                          Ah, so you ASSumed.

                                                          (insert appropriate cliche here)

                                                          Thanks for the laugh sport.
                                                          Should You Email Your Members?

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                                                          Enough Said.

                                                          "Would you rather live like a king for a year or like a prince forever?"

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                                                          • theking
                                                            Nice Kitty
                                                            • Sep 2002
                                                            • 21053

                                                            #30
                                                            Originally posted by Barefootsies
                                                            Ah, so you ASSumed.

                                                            (insert appropriate cliche here)

                                                            Thanks for the laugh sport.
                                                            I did not assume anything. You made a claim in the title of your thread and because you do not have good reading comprehension skills...you thought the article you posted backed up your claim and it does not...end of story...you are now dismissed.
                                                            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

                                                            Comment

                                                            • MrLuvr
                                                              Confirmed User
                                                              • Nov 2004
                                                              • 538

                                                              #31
                                                              Originally posted by Barefootsies
                                                              Ah, so you ASSumed.

                                                              (insert appropriate cliche here)

                                                              Thanks for the laugh sport.
                                                              You are too stupid to even know that you are stupid.

                                                              Comment

                                                              • [dfo]
                                                                Confirmed User
                                                                • Dec 2002
                                                                • 799

                                                                #32
                                                                Originally posted by LiveDose
                                                                No way toots. That won't happen.

                                                                Comment

                                                                • Barefootsies
                                                                  Choice is an Illusion
                                                                  • Feb 2005
                                                                  • 42635

                                                                  #33
                                                                  Originally posted by theking
                                                                  I did not assume anything. You made a claim in the title of your post and because you do not have good reading comprehension skills...you thought the article you posted backed up your claim and it does not...end of story...you are now dismissed.
                                                                  Oh right, now I follow you demented reasoning...

                                                                  A direct sentence posted in the title of the thread, taken from an article, citing some guy, who is not me, is somehow me stating a position according to you?

                                                                  Wow. Ignorance is bliss.

                                                                  Last edited by Barefootsies; 05-10-2009, 09:19 PM.
                                                                  Should You Email Your Members?

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                                                                  Enough Said.

                                                                  "Would you rather live like a king for a year or like a prince forever?"

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                                                                  • Barefootsies
                                                                    Choice is an Illusion
                                                                    • Feb 2005
                                                                    • 42635

                                                                    #34
                                                                    Originally posted by MrLuvr
                                                                    You are too stupid to even know that you are stupid.
                                                                    Why not repeat it a third time?

                                                                    This time click your heels and return to the land of reading comprehension.

                                                                    Should You Email Your Members?

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                                                                    Enough Said.

                                                                    "Would you rather live like a king for a year or like a prince forever?"

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                                                                    • GatorB
                                                                      The Demon & 12clicks
                                                                      • Oct 2001
                                                                      • 18208

                                                                      #35
                                                                      God you are fucking retard

                                                                      YOU "unemployed will hit 30 percent by next year"

                                                                      Now you can claim you are just stating what the atricle states and you don't personally believe that. Except the article never states that. That is why you are stupid. You missed the whole point of the article. Nowhere in that article does that author say unemployment will reach 30% NOWHERE. Now are you just going to admit you misread the article or are you going to continue to act retarded?

                                                                      shall I simplify it?

                                                                      Say unemployment is 9% right now. So out of 1000 people 90 don't have a job. What the article says is the author believes that eventually 30% of those 90 ( that's 27 ) will be out of work 6 months or more. Not that 300 out of 1000 will be out of work.

                                                                      Comment

                                                                      • the.drunk
                                                                        Confirmed User
                                                                        • Apr 2009
                                                                        • 712

                                                                        #36
                                                                        speak for yourself


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                                                                        • Barefootsies
                                                                          Choice is an Illusion
                                                                          • Feb 2005
                                                                          • 42635

                                                                          #37
                                                                          Originally posted by GatorB
                                                                          Nowhere in that article does that author say unemployment will reach 30% NOWHERE.
                                                                          Really? Wow.

                                                                          http://www.gfy.com/showpost.php?p=15840401&postcount=23

                                                                          I quoted the article in it's entirety, and underline the sentence for your ignorance. Guess that must have missed your hawk eye huh?

                                                                          Let me repeat it for you toots, I'll even give you a countdown for your third grade reading level.

                                                                          1. At no time in this thread have I stated my opinion, in my words.
                                                                          2. Thread title is verbatim an underlined passage in #23.
                                                                          3. You are ASSuming, based on thread title, that is my opinion.

                                                                          You are like a dog with a bone. You have to get the last word in, and always be right. In this case, it is pretty obvious to anyone with a brain cell I have not stated my opinion on the original cited article in any way in this thread. Furthermore, the thread title is verbatim out of the original story. Also not written by me.

                                                                          Guess that's too complicated for you eh?

                                                                          Should You Email Your Members?

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                                                                          Enough Said.

                                                                          "Would you rather live like a king for a year or like a prince forever?"

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                                                                          • chodadog
                                                                            Confirmed User
                                                                            • Apr 2002
                                                                            • 9736

                                                                            #38
                                                                            Thread title was misleading 'cause you only quoted part of the sentence, and thus gave it a whole other meaning. Methinks thou doth protest too much.
                                                                            26 + 6 = 1

                                                                            Comment

                                                                            • Blingbaby
                                                                              Confirmed User
                                                                              • Mar 2006
                                                                              • 1079

                                                                              #39
                                                                              Originally posted by Barefootsies
                                                                              The one that needs to learn to read is you bitch. Was it too complicated to follow the linked the article? I quoted it verbatim. Fucking unreal.

                                                                              GFY never ceases to amaze me.
                                                                              He pretty much explained it to you, but obviously mathematics is not your strongest skill. Yes the planet is about to collapse, get in your jump pod and escape while you still can. Nuclear winter has already started in Australia..

                                                                              Comment

                                                                              • Blingbaby
                                                                                Confirmed User
                                                                                • Mar 2006
                                                                                • 1079

                                                                                #40
                                                                                Originally posted by Barefootsies
                                                                                Pure comedy.

                                                                                Not in my initial post, nor in any reply I have made in this thread, have I stated my position nor made a statement on my beliefs on the article in any way.

                                                                                I quote and article, not written by me. Linking directly to it for you to read the comments from the author directly, yet you three are like the blind mice who can't read.

                                                                                Priceless.

                                                                                Yo! Mr. Idiot. Someone has already pointed it out to you yet you are still trying to backtrack. The FUCKING THREAD TITLE that YOU typed says Unemployed will hit 30% by next year which is not what the article says at all. Get a clue dick..

                                                                                Comment

                                                                                • Barefootsies
                                                                                  Choice is an Illusion
                                                                                  • Feb 2005
                                                                                  • 42635

                                                                                  #41
                                                                                  Originally posted by chodadog
                                                                                  Thread title was misleading 'cause you only quoted part of the sentence, and thus gave it a whole other meaning. Methinks thou doth protest too much.
                                                                                  Understood. They read the title, with was a part of the sentence (full sentence too long for title btw), assumed that was my position. Started attacking.

                                                                                  I am not protesting. Simply saying I have not stated my opinion. Which is obvious to anyone who can read.

                                                                                  Originally posted by Blingbaby
                                                                                  He pretty much explained it to you, but obviously mathematics is not your strongest skill. Yes the planet is about to collapse, get in your jump pod and escape while you still can. Nuclear winter has already started in Australia..
                                                                                  I will pass it along to the original author of the article.

                                                                                  Should You Email Your Members?

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                                                                                  Enough Said.

                                                                                  "Would you rather live like a king for a year or like a prince forever?"

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                                                                                  • Blingbaby
                                                                                    Confirmed User
                                                                                    • Mar 2006
                                                                                    • 1079

                                                                                    #42
                                                                                    Originally posted by Barefootsies
                                                                                    Oh right, now I follow you demented reasoning...

                                                                                    A direct sentence posted in the title of the thread, taken from an article, citing some guy, who is not me, is somehow me stating a position according to you?

                                                                                    Wow. Ignorance is bliss.

                                                                                    Yes you copied/paste half the sentence out of context, not understanding the whole article and now you get flamed for it. Have a little dignity sir and admit you fucked up don't make yourself look like a bigger ass than you already are..

                                                                                    Comment

                                                                                    • Barefootsies
                                                                                      Choice is an Illusion
                                                                                      • Feb 2005
                                                                                      • 42635

                                                                                      #43
                                                                                      Originally posted by Blingbaby
                                                                                      Yo! Mr. Idiot. Someone has already pointed it out to you yet you are still trying to backtrack. The FUCKING THREAD TITLE that YOU typed says Unemployed will hit 30% by next year which is not what the article says at all. Get a clue dick..
                                                                                      Right. You ASSumed. Got it.

                                                                                      Next time you say anything remotely relevant to anything in this industry. I will copy it, quote it verbatim. I will then make a thread. Take a sentence out of it, use that as the thread title, and hit post.

                                                                                      Then I can claim it is my opinion, and I was the one who said it instead of you.

                                                                                      Should You Email Your Members?

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                                                                                      Enough Said.

                                                                                      "Would you rather live like a king for a year or like a prince forever?"

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                                                                                      • Barefootsies
                                                                                        Choice is an Illusion
                                                                                        • Feb 2005
                                                                                        • 42635

                                                                                        #44
                                                                                        Originally posted by Blingbaby
                                                                                        Yes you copied/paste half the sentence out of context, not understanding the whole article
                                                                                        At no point have I remarked on my opinion, nor my understanding, of the article.

                                                                                        Fucking priceless.

                                                                                        Should You Email Your Members?

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                                                                                        Enough Said.

                                                                                        "Would you rather live like a king for a year or like a prince forever?"

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                                                                                        • Blingbaby
                                                                                          Confirmed User
                                                                                          • Mar 2006
                                                                                          • 1079

                                                                                          #45
                                                                                          Originally posted by Barefootsies
                                                                                          Really? Wow.

                                                                                          http://www.gfy.com/showpost.php?p=15840401&postcount=23

                                                                                          I quoted the article in it's entirety, and underline the sentence for your ignorance. Guess that must have missed your hawk eye huh?

                                                                                          Let me repeat it for you toots, I'll even give you a countdown for your third grade reading level.

                                                                                          1. At no time in this thread have I stated my opinion, in my words.
                                                                                          2. Thread title is verbatim an underlined passage in #23.
                                                                                          3. You are ASSuming, based on thread title, that is my opinion.

                                                                                          You are like a dog with a bone. You have to get the last word in, and always be right. In this case, it is pretty obvious to anyone with a brain cell I have not stated my opinion on the original cited article in any way in this thread. Furthermore, the thread title is verbatim out of the original story. Also not written by me.

                                                                                          Guess that's too complicated for you eh?

                                                                                          Dude, YOU are the dog but you don't even have a bone. You're barking because you're scared at this point or just plain stupid like any other dog?

                                                                                          Comment

                                                                                          • voa
                                                                                            Too lazy to set a custom title
                                                                                            • Nov 2006
                                                                                            • 16532

                                                                                            #46
                                                                                            Interesting news

                                                                                            Comment

                                                                                            • GatorB
                                                                                              The Demon & 12clicks
                                                                                              • Oct 2001
                                                                                              • 18208

                                                                                              #47
                                                                                              Originally posted by Barefootsies
                                                                                              Understood. They read the title, with was a part of the sentence (full sentence too long for title btw), assumed that was my position. Started attacking.
                                                                                              I never said that was your position fucking retard. I'm "attacking" you because you're fucking retarded and can't read nor do math.

                                                                                              you posted a thread title "unemployed will hit 30 percent by next year ". It doesn't matter whether you agreed with it or not. You CLEARLY got the gist of the article wrong because the article never says that. You keep claiming it does, but it does not.

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                                                                                              • OG LennyT
                                                                                                Wall Street Pimp
                                                                                                • Jun 2003
                                                                                                • 14345

                                                                                                #48
                                                                                                As much as I want to disagree with that fucktard Gator, Barefootsy guy is the loser here. Just a very honest opinion from a neutral 3rd party
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                                                                                                • CarlosTheGaucho
                                                                                                  Confirmed User
                                                                                                  • Oct 2005
                                                                                                  • 9559

                                                                                                  #49
                                                                                                  Less credit to spend - less profit - less salaries paid - it's a logical and scary spiral.

                                                                                                  There was too much virtual money in the economy, simple and scary.

                                                                                                  Now you see far too many jobs being artificially kept - companies loosing net of 40 pct. of their yearly budget, such as General Motors.

                                                                                                  It's a complete fail of the system built on cheap credit and reactive consumer behavior, banking cowboys - what is incredible is how could this last for so long?

                                                                                                  You can only spend more than you earn until there are resources to grab, now the fridge is empty.
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                                                                                                  • SteveHardeman
                                                                                                    Confirmed User
                                                                                                    • Jul 2008
                                                                                                    • 1728

                                                                                                    #50
                                                                                                    Ladies, ladies, ladies, go take a Midol come back. Geezus.

                                                                                                    :-)

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