I just found out the recession is over..

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  • GAMEFINEST
    Make STACK$
    • Nov 2006
    • 14477

    #1

    I just found out the recession is over..

    No shit?

    How are we out of a recession? who is giving out this news? WTF is going oN?
    Compound interest.
  • HeadPimp
    Bad Mo-Fo
    • Jul 2001
    • 2772

    #2
    Mr Obama said it, so it MUST be true!

    Comment

    • SallyRand
      So Fucking Banned
      • Jan 2008
      • 3487

      #3
      Originally posted by HeadPimp
      Mr Obama said it, so it MUST be true!

      All Hail Obama!

      Sally.

      Comment

      • GAMEFINEST
        Make STACK$
        • Nov 2006
        • 14477

        #4
        the jobless rate is still high, ppl are broke...and we are out of a recession!
        Compound interest.

        Comment

        • The Demon
          Confirmed User
          • Apr 2003
          • 7336

          #5
          Originally posted by GAMEFINEST
          the jobless rate is still high, ppl are broke...and we are out of a recession!
          And in a depression.
          Greed is Good

          Comment

          • amateurcanada
            Confirmed User
            • Jul 2001
            • 3766

            #6
            http://www.usdebtclock.org/

            The US has been in a recession for sometime. Obama was given a raw deal from Bush.

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            Comment

            • SallyRand
              So Fucking Banned
              • Jan 2008
              • 3487

              #7
              Originally posted by GAMEFINEST
              the jobless rate is still high, ppl are broke...and we are out of a recession!
              Worry not!

              Our DEAR LEADER will take care of us and make things right for all after spreading the wealth!

              Sally.

              Comment

              • heymatty
                Confirmed User
                • Oct 2001
                • 2188

                #8
                Well the economy is either growing or receding. If you fall back far enough any small amount of growth will technically end a recession.

                But if a guy earns $10 an hour in 2008 and you cut his pay to $5 an hour in 2009. He's not going to be that excited about earning $6 an hour in 2010 even though he's had a 20% pay increase.

                Cashlantis ~ Black Book Cash

                Comment

                • onwebcam
                  Fake Nick 1.0
                  • Oct 2005
                  • 27689

                  #9
                  Originally posted by GAMEFINEST
                  No shit?

                  How are we out of a recession? who is giving out this news? WTF is going oN?
                  The same economists on the Fed payroll/grants that "supposedly" never saw it coming to begin with.
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                  • blonda80
                    FOR HIRE: AFF Manager
                    • May 2006
                    • 10959

                    #10
                    yeah, the Romanian president announced on TV that recension is over, maybe in his imagination I think. What an idiot!
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                    • DWB
                      Registered User
                      • Jul 2003
                      • 31779

                      #11
                      It is over because an election is right around the corner. They need to clean everything up, bring the troops home and make you think they are kicking ass.

                      Then back to reality, which is... there is no spoon.

                      Comment

                      • Sausage
                        Confirmed User
                        • Oct 2002
                        • 3012

                        #12
                        Recession is over!

                        Quickly rush out to spend more and get more debt... nevermind about the long term, China will lend to you forever
                        IW
                        Skype : blance8888
                        Icq : 15567120

                        Comment

                        • ArsewithClass
                          So Fucking Banned
                          • Mar 2007
                          • 7957

                          #13
                          Originally posted by GAMEFINEST
                          No shit?

                          How are we out of a recession? who is giving out this news? WTF is going oN?
                          Love the thread Gamefinest

                          Originally posted by HeadPimp
                          Mr Obama said it, so it MUST be true!
                          Agreed, he does rule the world

                          Originally posted by Sausage
                          Recession is over!

                          Quickly rush out to spend more and get more debt... nevermind about the long term, China will lend to you forever
                          Loving these comments..... The wit must be the good trend of the decreasing recession

                          Comment

                          • Emil
                            Confirmed User
                            • Feb 2007
                            • 5658

                            #14
                            lolzzzz, yeah right... the US going down
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                            • The Heron
                              Confirmed User
                              • Apr 2001
                              • 4496

                              #15
                              http://www.nber.org/cycles/sept2010.html
                              If any of you tards knew anything about economics and the indicators you'd understand but that would require more than a junior high education.

                              Comment

                              • ArsewithClass
                                So Fucking Banned
                                • Mar 2007
                                • 7957

                                #16
                                Originally posted by The Heron
                                http://www.nber.org/cycles/sept2010.html
                                If any of you tards knew anything about economics and the indicators you'd understand but that would require more than a junior high education.
                                Not for the UK

                                2.5% decrease on taxes to save members of the public a few quid at christmas, may cost Britain 10s of millions over the next years or so....

                                Another recession is due... in about 2 years, watch people sell homes as interest rates go up & house prices fall

                                Comment

                                • sweetcuties
                                  Confirmed User
                                  • Feb 2002
                                  • 5859

                                  #17
                                  In my area it's pretty bad, housing is beyond bleek... The good news is that I'll be ready to buy more properties early next year. Someone elses misery is someone elses opportunity

                                  Comment

                                  • The Demon
                                    Confirmed User
                                    • Apr 2003
                                    • 7336

                                    #18
                                    Originally posted by The Heron
                                    http://www.nber.org/cycles/sept2010.html
                                    If any of you tards knew anything about economics and the indicators you'd understand but that would require more than a junior high education.
                                    Then you obviously lack even a junior high education if you think the recession is over.
                                    Greed is Good

                                    Comment

                                    • sperbonzo
                                      I'd rather be on my boat.
                                      • May 2003
                                      • 9750

                                      #19
                                      Working around the banking sector for the past 12 years, I've watched this situation evolve... Only just found this video yesterday....


                                      Michael Sperber / Acella Financial LLC/ Online Payment Processing

                                      [email protected] / http://Acellafinancial.com/

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                                      Comment

                                      • The Heron
                                        Confirmed User
                                        • Apr 2001
                                        • 4496

                                        #20
                                        Originally posted by The Demon
                                        Then you obviously lack even a junior high education if you think the recession is over.
                                        Did you even read the article? Based on the indicators the recession was over in 09. Just because you are a whiny bitch doesn't change the facts.

                                        Comment

                                        • sperbonzo
                                          I'd rather be on my boat.
                                          • May 2003
                                          • 9750

                                          #21
                                          Originally posted by The Heron
                                          Did you even read the article? Based on the indicators the recession was over in 09. Just because you are a whiny bitch doesn't change the facts.

                                          There are very few "facts" in economic theory. Find me a room full of economists, and I will find you a room full of differing opinions. The only "Fact" about economic theory and study is that the economic systems themselves, (i.e. the interactions between human beings), are so complex that no one has it down to a set of "facts".
                                          Michael Sperber / Acella Financial LLC/ Online Payment Processing

                                          [email protected] / http://Acellafinancial.com/

                                          ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

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                                          • maxxtro
                                            Confirmed User
                                            • Dec 2002
                                            • 561

                                            #22



                                            Obama's kryptonite cuts to the very heart of the administration's failings at a presidential economic town hall:
                                            http://www.thedailyshow.com/watch/tu...-the-depressed

                                            Comment

                                            • marketsmart
                                              HOMICIDAL TROLL KILLER
                                              • Dec 2004
                                              • 20419

                                              #23
                                              Originally posted by sperbonzo
                                              There are very few "facts" in economic theory. Find me a room full of economists, and I will find you a room full of differing opinions. The only "Fact" about economic theory and study is that the economic systems themselves, (i.e. the interactions between human beings), are so complex that no one has it down to a set of "facts".
                                              exactly, and this is part of the problem that both the govt and the people dont get..

                                              however, i cant believe we are basing this countries recovery on principals used after the depression...

                                              to me, its simple accounting.. dont spend more than you take in... thats how we recover economically..



                                              .

                                              Comment

                                              • sperbonzo
                                                I'd rather be on my boat.
                                                • May 2003
                                                • 9750

                                                #24
                                                Originally posted by marketsmart
                                                exactly, and this is part of the problem that both the govt and the people dont get..

                                                however, i cant believe we are basing this countries recovery on principals used after the depression...

                                                to me, its simple accounting.. dont spend more than you take in... thats how we recover economically..



                                                .
                                                Agreed on all levels. Unfortunately this is looking more and more like the situation, (which I believe in large part was forced on us by government regulation on bank lending in the first place), is being seized upon, by both parties, as an excuse for the federal government to grab MORE power over the intricacies of the economic interactions of it's citizens.... something which has never worked to grow an economy IMHO, since there is no panel of "experts" that can successfully predict and control the most complex patterns of behavior of human beings on a large scale.


                                                .


                                                .
                                                Michael Sperber / Acella Financial LLC/ Online Payment Processing

                                                [email protected] / http://Acellafinancial.com/

                                                ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

                                                Comment

                                                • TheDoc
                                                  Too lazy to set a custom title
                                                  • Jul 2001
                                                  • 13827

                                                  #25
                                                  The recession is over... that doesn't mean we've climbed back on top, it means the mass dropping has stopped for a period of time. The recession is defined by particular drops in combination with a drop in gdp over a period of time. When the drop stops for a period of time, the recession is over. Some areas could still be dropping, sucking or not moving at all but that doesn't mean the recession isn't over.
                                                  ~TheDoc - ICQ7765825
                                                  It's all disambiguation

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