Global Economy = Global Recession/Depression?

Global Economy = Global Recession/Depression? (Full Version)

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Marini -> Global Economy = Global Recession/Depression? (5/23/2010 6:40:28 PM)
We hear so much about the wonderful "global economy". [;)] I and many others would not be surprised to see a "global recession/depression". That way many countries can all go downhill "together". We shall soon see what exciting things happen in the stock market in the next few months, years. Anyone else think, many countries in this "global economy" will partake in a "global recession/depression"? Of course, many of us believe "it" has already started and will continue to get worse.

pahunkboy -> RE: Global Economy = Global Recession/Depression? (5/23/2010 6:46:25 PM)
My brother wont buy gold-- when it is "too high". and he wont if it "goes down". Things are going to get crazy- so I am not too worried about it. In relation to other assets- PMS are my pick. Right or wrong- that is my method-

servantforuse -> RE: Global Economy = Global Recession/Depression? (5/23/2010 6:50:28 PM)
Where have you been the last six months. Greece, Portugal and Spain already went down. Europe is in worse shape than we are. The IMF is spending billions trying to right a sinking ship. They got there the way we got there. Spending money that thry didn't have.

rulemylife -> RE: Global Economy = Global Recession/Depression? (5/23/2010 6:51:17 PM)
You've been beating this drum now for a long time but the facts don't match. Every time there is a downturn in the market you repeat your doom and gloom scenario of a global depression. Since you have started saying this the Dow has went from trading in the 6,000 range to climbing above 11,000. And yes it has fallen from that due to the reasons you cited, but it is still well above 10,000 and there is no reason to believe an economic collapse is anywhere in the near future.

Marini -> RE: Global Economy = Global Recession/Depression? (5/23/2010 6:53:14 PM)
Actually, what I predicted in the"old drum" is sadly occurring. In fact, things are worse than I even expected, and going downhill quickly. This is a new drum! This is about the "global economy"! It is obvious to most people, which way the United States is headed, and it ain't pretty. These days, watching the antics of the "global economy" is the new focus.

pahunkboy -> RE: Global Economy = Global Recession/Depression? (5/23/2010 6:53:20 PM)
We could explore the presidents working group on markets. google it. I am doing my nails.

servantforuse -> RE: Global Economy = Global Recession/Depression? (5/23/2010 6:54:59 PM)
2 years ago the Dow was over 14,000. Now a little over 10,000. That is not good news for anyone.

rulemylife -> RE: Global Economy = Global Recession/Depression? (5/23/2010 6:55:47 PM)
quote: ORIGINAL: servantforuse Where have you been the last six months. Greece, Portugal and Spain already went down. Europe is in worse shape than we are. The IMF is spending billions trying to right a sinking ship. They got there the way we got there. Spending money that thry didn't have. No they got there the same way we allowed derivatives to cause so many problems here. It's called greed and lack of regulation. You know, all those free-market economy theories producing the expected result.

Marini -> RE: Global Economy = Global Recession/Depression? (5/23/2010 6:56:14 PM)
quote: ORIGINAL: servantforuse 2 years ago the Dow was over 14,000. Now a little over 10,000. That is not good news for anyone. servant if it goes down to 6000, there are plenty of dumb asses that will still not be able to buy a clue.

rulemylife -> RE: Global Economy = Global Recession/Depression? (5/23/2010 6:58:15 PM)
quote: ORIGINAL: servantforuse 2 years ago the Dow was over 14,000. Now a little over 10,000. That is not good news for anyone. You mean it is not good news that it has been steadily climbing, keeping market fluctuations in mind?

servantforuse -> RE: Global Economy = Global Recession/Depression? (5/23/2010 7:00:38 PM)
Almost everyone has investments in the stock market and don't even know it. Some know it and can't get out because of 401 and other plan restrictions. Maybe even you.

Marini -> RE: Global Economy = Global Recession/Depression? (5/23/2010 7:05:21 PM)
quote: ORIGINAL: servantforuse Almost everyone has investments in the stock market and don't even know it. Some know it and can't get out because of 401 and other plan restrictions. Maybe even you. No doubt, we all are effected in one way or another. I am able to make changes to my portfoilio without major restrictions. I reduced my risk as much as possible, in 2008. I feel we have not even glimpsed the bottom of the stock market, yet. The only reason it is as high as it is now, is the money that has been poured into propping things up. This thread is about our very wonderful "global economy".

servantforuse -> RE: Global Economy = Global Recession/Depression? (5/23/2010 7:15:15 PM)
Steadily climbing dow ? It's down 10% last week alone. Maybe that will be Obama's spin for a failed economy this November ?

Musicmystery -> RE: Global Economy = Global Recession/Depression? (5/23/2010 7:20:33 PM)
quote: ORIGINAL: servantforuse 2 years ago the Dow was over 14,000. Now a little over 10,000. That is not good news for anyone. It is for buyers.

servantforuse -> RE: Global Economy = Global Recession/Depression? (5/23/2010 7:23:14 PM)
The reason it is at 10,000 is because there are very few buyers. They know it isn't going up to previous levels anytime soon.

Marini -> RE: Global Economy = Global Recession/Depression? (5/23/2010 7:32:27 PM)
quote: ORIGINAL: Musicmystery quote: ORIGINAL: servantforuse 2 years ago the Dow was over 14,000. Now a little over 10,000. That is not good news for anyone. It is for buyers. Take off your rainbow shades.

Musicmystery -> RE: Global Economy = Global Recession/Depression? (5/23/2010 7:33:34 PM)
quote: ORIGINAL: servantforuse The reason it is at 10,000 is because there are very few buyers. They know it isn't going up to previous levels anytime soon. There are millions of buyers everyday. Learn to look at volume of shares traded. If there weren't buyers, sellers couldn't sell, and the market would stay frozen where it is.

Musicmystery -> RE: Global Economy = Global Recession/Depression? (5/23/2010 7:35:31 PM)
quote: ORIGINAL: Marini quote: ORIGINAL: Musicmystery quote: ORIGINAL: servantforuse 2 years ago the Dow was over 14,000. Now a little over 10,000. That is not good news for anyone. It is for buyers. Take off your rainbow shades. Will this be another thread where I point out simple facts and you complain I'm picking on you? Look at the entire globe if you want to talk global depression. How about China and India? They're 40% of the population.

Marini -> RE: Global Economy = Global Recession/Depression? (5/23/2010 7:38:24 PM)
quote: ORIGINAL: Musicmystery quote: ORIGINAL: Marini quote: ORIGINAL: Musicmystery quote: ORIGINAL: servantforuse 2 years ago the Dow was over 14,000. Now a little over 10,000. That is not good news for anyone. It is for buyers. Take off your rainbow shades. Will this be another thread where I point out simple facts and you complain I'm picking on you? Look at the entire globe if you want to talk global depression. How about China and India? They're 40% of the population. I don't mind you disagreeing with me, I love it that you remember our exchanges. I was very careful to state SOME countries would be involved in the global depression, not all. I never stated all the countries would be involved, that is why I carefully worded my OP, to state "some countries" "global economy" "global recession/depression" caveat emptor

Musicmystery -> RE: Global Economy = Global Recession/Depression? (5/23/2010 7:41:56 PM)
Not much of a global depression. The U.S. isn't even involved--steady growth for the last three quarters. What IS going on is poor economic policy vs. artificial supports for three EU countries. Not a global depression. Not even close.

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