Isn't it rather odd that
+ Reply to Thread
Results 1 to 6 of 6

Thread:
Isn't it rather odd that

  1. #1
    Seriously off center slowride's Avatar
    Join Date
    Dec 2007
    Location
    Anaheim/BHC- the Shack
    Posts
    2,284

    Default Isn't it rather odd that

    the price of crude oil is dropping on fear of the economy going into a recession, when it could be easily argued that the skyrocketing price of crude is a major factor in what brought ON the recession?






  2. Remove Advertisements
    PerformanceBoats.com
    Advertisements
     

  3. #2
    Colts fan & Stoker owner RitcheyRch's Avatar
    Join Date
    Dec 2007
    Location
    Santa Clarita Valley
    Posts
    7,998

    Default

    Gas prices arent dropping as fast. Was shocked to see someone finally say we are in a recession.
    www.facebook.com/RitcheyRch

    "I didn't pay them for sex, I paid them to leave"
    Charlie Sheen

    Life is all about ass, you're either covering it, hauling it, laughing it off, kicking it, kissing it, busting it, trying to get a piece of it, or behaving like one.

  4. #3
    Senior Member Not So Fast's Avatar
    Join Date
    Dec 2007
    Location
    Lake Havasu
    Posts
    3,559

    Default

    Quote Originally Posted by slowride View Post
    the price of crude oil is dropping on fear of the economy going into a recession, when it could be easily argued that the skyrocketing price of crude is a major factor in what brought ON the recession?
    Bingo!! give the man a cigar Of course wage earners that make say $50-$75 K @year being able to get loans on a $500,00 house with 5% down didnt help either!!! NSF
    Last edited by Not So Fast; 02-05-2008 at 07:05 PM.
    CHARGERS ROCK !!!!

  5. #4
    Senior Member eliminatedsprinter's Avatar
    Join Date
    Dec 2007
    Location
    Lancaster Ca
    Posts
    3,616

    Default

    That's part of an odd thing called a free market???
    Are we in a recession? If so, then how much has the U.S. GDP dropped in the last 2 Quarters???
    I'm not implying this economy is great for everyone, but is it in a recession??
    Last edited by eliminatedsprinter; 02-06-2008 at 06:13 PM.

  6. #5
    Seriously off center slowride's Avatar
    Join Date
    Dec 2007
    Location
    Anaheim/BHC- the Shack
    Posts
    2,284

    Default

    If you use GDP as an indicator (which many don't any longer), no, we're not in a recession. If you use Business Cycle Indicators, the picture isn't quite as rosey.






  7. #6
    Senior Member eliminatedsprinter's Avatar
    Join Date
    Dec 2007
    Location
    Lancaster Ca
    Posts
    3,616

    Default

    Quote Originally Posted by slowride View Post
    If you use GDP as an indicator (which many don't any longer), no, we're not in a recession. If you use Business Cycle Indicators, the picture isn't quite as rosey.
    At this point we are in more of an economic slowdown. You are correct it's not rosey and it's also not helped by people who create new definitions (and I'm not saying you are) so they can frame things using exaggerated terminology.

+ Reply to Thread

Quick Reply Quick Reply

Register Now

Please enter the name by which you would like to log-in and be known on this site.
If you do not want to register, fill this field only and the name will be used as user name for your post.

Please enter a password for your user account. Note that passwords are case-sensitive.

Please enter a valid email address for yourself.

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.


Tags for this Thread

Digg This Thread

Posting Permissions

  • You may post new threads
  • You may post replies
  • You may not post attachments
  • You may not edit your posts
  •  

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93