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Shop untill you drop! - 4/24/2008 10:09:34 AM

SugarMyChurro

Posts: 1912
Joined: 4/26/2007
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The Great Depression: The sequel
http://www.salon.com/opinion/feature/2008/04/02/depression/

Most economists are no longer debating whether there will be a recession in 2008. Now, they're arguing over when the recession started -- was it last November, or December? -- and how bad it's likely to get. While they bicker, however, a far more terrifying economic specter from the distant past has sent a chill through the infosphere.

"We have not seen a nationwide decline in housing like this since the Great Depression," said the CEO of Wells Fargo late last year. "It is now clear that the U.S. and global financial markets are experiencing their worst financial crisis since the Great Depression," wrote economist Nouriel Roubini last week.

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Keep on with the force don't stop
Don't stop 'til you get enough
- Michael Jackson

I'd like to propose a policy of continual war on at least two fronts, deregulation of all big businesses, decimation of the new deal and - read my lips - no new taxes!

You can find me in the White House next year...

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RE: Shop untill you drop! - 4/24/2008 10:16:28 AM

popeye1250

Posts: 18104
Joined: 1/27/2006
From: New Hampshire
Status: offline

And yesterday George Herbert Hoover Bush said that we're just in a, "temporary slowdown" and that, "this is no time to get out of Nafta."
It's pretty obvious that we don't have a president in the W.H.
He's bought and paid for by big business.

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"But Your Honor, this is not a Jury of my Peers, these people are all decent, honest, law-abiding citizens!"

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RE: Shop untill you drop! - 4/24/2008 10:18:52 AM

faerytattoodgirl

Posts: 5824
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it started well before then. the $ was 1.64 in 2002 (when i went to california it fucking costed me a fortune now it costs nothing!) now its at par with canada.

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I did not reply to your cmail.

I am flawed.

Imperfect.

MUST SPANK!!!

SPAAAAAAAANK!!!

(in reply to SugarMyChurro)

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RE: Shop untill you drop! - 4/24/2008 5:10:17 PM

SugarMyChurro

Posts: 1912
Joined: 4/26/2007
Status: offline

::the sound of crickets::

Sadly...