| Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum. |
 | | 
08-08-2011, 03:25 PM
|
#1 | | HELP ME PLS!!!
Join Date: Nov 2003 Location: Vancouver
Posts: 5,540
Thanked 980 Times in 166 Posts
Failed 399 Times in 67 Posts
| Recession Again?
so the tsx and other stock markets have been dropping rapidly these few days. Are we going to have another recession?
Anybody getting laid off from work?
| 
|  | |
08-08-2011, 03:31 PM
|
#2 | | Banned By Establishment
Join Date: Mar 2006 Location: Richmond
Posts: 12,484
Thanked 2,091 Times in 773 Posts
Failed 765 Times in 247 Posts
|
my hours have been cut from my dayjob, but I havn't noticed because I already work minimum hours due to school. My coworkers on the other hand don't feel too happy (warehouse of a major retailer)
| |
| | |
08-08-2011, 03:34 PM
|
#3 | | Where's my RS Christmas Lobster?!
Join Date: Sep 2005 Location: Victoria
Posts: 803
Thanked 170 Times in 63 Posts
Failed 38 Times in 17 Posts
|
well since we never recovered from the last one I'm going to have to say we're not having another. In fact, by definition some say we're entering a depression. But in reality things aren't nearly bad enough for most to consider these times as a depression.
__________________
Tumblr
1980 Datsun 280Z: sold 1995 Subaru Justy rip
1990 Civic Si: sold 1991 NA6 Miata rip
1989 240sx coupe: sold 1990 NA8 Miata current
1987 Corolla GTS Hatch: rip
1986 200sx hatch: sold
1989 Rb'd 240sx hatch: sold | |
| | |
08-08-2011, 05:40 PM
|
#4 | | Banned (ABWS)
Join Date: Feb 2009 Location: Kits/Richmond
Posts: 4,409
Thanked 1,105 Times in 540 Posts
Failed 555 Times in 222 Posts
| Quote:
Originally Posted by alex.w *//  so the tsx and other stock markets have been dropping rapidly these few days. Are we going to have another recession? | The first recession never ended, we just spent a lot of future tax dollars to mask a problem that didn't go away, and in fact we made it worse.
| |
| | |
08-08-2011, 06:42 PM
|
#5 | | YOU CANT CUT BACK ON FUNDING! YOU WILL REGRET THIS
Join Date: Feb 2009 Location: FL400
Posts: 5,871
Thanked 3,113 Times in 1,043 Posts
Failed 555 Times in 158 Posts
|
double dip recession
__________________
Where the hell am I
| |
| | |
08-08-2011, 06:49 PM
|
#6 | | Rs has made me the man i am today!
Join Date: May 2002 Location: van
Posts: 3,412
Thanked 494 Times in 214 Posts
Failed 46 Times in 23 Posts
| Quote:
Originally Posted by taylor192 The first recession never ended, we just spent a lot of future tax dollars to mask a problem that didn't go away, and in fact we made it worse. | This.
| |
| | |
08-08-2011, 06:56 PM
|
#7 | | Ubereem Mod
Join Date: Mar 2002 Location: Richmond
Posts: 3,070
Thanked 120 Times in 63 Posts
Failed 24 Times in 10 Posts
| Quote:
Originally Posted by taylor192 The first recession never ended, we just spent a lot of future tax dollars to mask a problem that didn't go away, and in fact we made it worse. | Canada didn't do all that much in that end. Some. not a full boat load like US. I can't stand american politics. They KNOW they are the driving factor in the world economy, but bicker like school children when it comes to something as ooh...lets say as SERIOUS as their position as the #1 power in the world.
No Economy = No Big Dick.
The "first" recession driving factor was a catastrophic singular event. This dive right now is just a continuation of consumer/ppl frustration with government non-or lack of policies to tackle what is important and finally boiled over.
If they acutally did what the EU (some countries are doing.) aka stfu, we're cutting back on XYZ and you ppl are going to take it. They would be in way better shape.
I BELIEVE in can't have your cake and eat it. Need to give and take for them to prosper.
__________________ Quote:
Originally Posted by Culture_Vulture sometimes I like to use kindergarten art class scissors to cut my pubes | | |
| | |
08-08-2011, 06:59 PM
|
#8 | | Even when im right, revscene.net is still right!
Join Date: Aug 2010 Location: Richmond
Posts: 1,355
Thanked 1,776 Times in 444 Posts
Failed 195 Times in 67 Posts
|
What the US needs to do is pull back their military operations, and work on securing their borders.
| |
| | |
08-08-2011, 07:29 PM
|
#9 | | Wanna have a threesome?
Join Date: Oct 2010 Location: Squamish
Posts: 4,889
Thanked 5,054 Times in 1,657 Posts
Failed 439 Times in 203 Posts
| Quote:
Originally Posted by Mr.C What the US needs to do is pull back their military operations, and work on securing their borders. | What the US needs to do is re-adopt their pre-wwII isolationist policies, and stop trying to buy and force influence around the world so they can tell themselves they're number 1; In reality all they've done is make themselves the most hated country world wide and hopelessly bankrupted themselves.
| |
| | |
08-08-2011, 07:31 PM
|
#10 | | Banned (ABWS)
Join Date: May 2005 Location: Richmond
Posts: 6,675
Thanked 1,763 Times in 592 Posts
Failed 1,118 Times in 265 Posts
|
i just dropped 5k on thompson creek
| |
| | |
08-08-2011, 07:49 PM
|
#11 | | I WANT MY 10 YEARS BACK FROM RS.net!
Join Date: Oct 2007 Location: Vancouver BC
Posts: 22,124
Thanked 9,915 Times in 3,934 Posts
Failed 881 Times in 421 Posts
|
i dont think anyone said the recession from 2008 was over
aside from maybe the newspaper.
| |
| | |
08-08-2011, 08:07 PM
|
#12 | | Banned (ABWS)
Join Date: Feb 2009 Location: Kits/Richmond
Posts: 4,409
Thanked 1,105 Times in 540 Posts
Failed 555 Times in 222 Posts
| Quote:
Originally Posted by Gt-R R34 Canada didn't do all that much in that end. Some. not a full boat load like US. | Remember to compare the sizes of our boats. We're 1/10th the US, so if they spend $1T, $100B spent here would be about the same. We did spend $50B, so lets not pretend we didn't sink our ship too.
Take a look at the housing bubble busting in Australia despite a strong economy of selling commodities to Asia... this will eventually happen here, and then we'll have to face our own problems. Quote:
Originally Posted by Gt-R R34 If they acutally did what the EU (some countries are doing.) aka stfu, we're cutting back on XYZ and you ppl are going to take it. They would be in way better shape. | I actually don't agree with what some of the EU countries are doing. I think they should just go bankrupt and deal with the short term pain, then come back stronger and out of debt.
| |
| | |
08-08-2011, 08:18 PM
|
#13 | | Banned By Establishment
Join Date: Dec 2003 Location: New West
Posts: 3,998
Thanked 2,982 Times in 1,135 Posts
Failed 284 Times in 109 Posts
|
I'm going to use the term "depression" whether its economically warranted or not.
It's been depressing watching obama fuck it up. And here I thought relief was in order after Bush fucked it for 8 years.
12 gd years. Twelve!
| |
| | |
08-08-2011, 09:10 PM
|
#14 | | Banned (ABWS)
Join Date: Feb 2009 Location: Kits/Richmond
Posts: 4,409
Thanked 1,105 Times in 540 Posts
Failed 555 Times in 222 Posts
| Quote:
Originally Posted by Gridlock It's been depressing watching obama fuck it up. And here I thought relief was in order after Bush fucked it for 8 years.
12 gd years. Twelve! | The US needs another Clinton, and sadly I think Hillary is the person for the job with Bill calling the shots.
| |
| | |
08-08-2011, 11:55 PM
|
#15 | | Rs has made me the woman i am today!
Join Date: Mar 2004 Location: Vancouver
Posts: 4,310
Thanked 580 Times in 230 Posts
Failed 771 Times in 208 Posts
|
First a black guy than a woman in charge. The signs doomsday is coming?
| |
| | |
08-09-2011, 12:00 AM
|
#16 | | Banned (ABWS)
Join Date: May 2005 Location: Richmond
Posts: 6,675
Thanked 1,763 Times in 592 Posts
Failed 1,118 Times in 265 Posts
| Quote:
Originally Posted by Death2Theft First a black guy than a woman in charge. The signs doomsday is coming? |  | |
| | |
08-09-2011, 02:45 AM
|
#17 | | I Will not Admit my Addiction to RS
Join Date: Oct 2005 Location: Vancouver
Posts: 563
Thanked 344 Times in 104 Posts
Failed 43 Times in 17 Posts
|
Took all my stocks out right before it started to drop. Doesn't look like the markets are going to be doing good anytime soon... But something like Taylor192 said, it wasn't good in the first place.
__________________
test
| |
| | |
08-09-2011, 02:10 PM
|
#18 | | How I Mod your mother
Join Date: Jul 2004 Location: Crayon Box
Posts: 13,688
Thanked 977 Times in 477 Posts
Failed 18 Times in 11 Posts
| Quote:
Originally Posted by taylor192 The first recession never ended, we just spent a lot of future tax dollars to mask a problem that didn't go away, and in fact we made it worse. | And in turn making future life unaffordable for the next generations
__________________ Quote: | [19-07, 16:52] bloodmack: EB did u change my avatar and title?
| Quote: | [19-07, 16:54] El Bastardo: bm i have no idea what you're talking about because i don't speak gorilla
| | |
| | |
08-09-2011, 02:11 PM
|
#19 | | Diagonally parked in a parallel universe
Join Date: Aug 2009 Location: Coquitlam
Posts: 1,476
Thanked 522 Times in 263 Posts
Failed 102 Times in 40 Posts
| Quote:
Originally Posted by !Yaminashi And in turn making future life unaffordable for the next generations | Just like our parents have done to us.
__________________
~ Just another noob looking for a clue
| |
| | |
08-09-2011, 02:24 PM
|
#20 | | I only answer to my username, my real name is Irrelevant!
Join Date: Oct 2002 Location: CELICAland
Posts: 25,679
Thanked 10,395 Times in 3,918 Posts
Failed 1,390 Times in 625 Posts
|
again? when did the last one end?  | |
| | |
08-09-2011, 03:04 PM
|
#21 | | Prince of the Apes
Join Date: Oct 2007 Location: Abbotsford
Posts: 2,469
Thanked 3,046 Times in 672 Posts
Failed 1,163 Times in 238 Posts
| Stocks soar after Fed pledges low rates into 2013
band aid fix.. wonder what other stupid things they will do.
__________________
There's times in life where I want a relationship, but then I cum. Quote: |
[23-08, 13:17] nabs i've gripped ice boy's shaft before
| Quote: |
[26-08, 13:50] Jesusjuice is this a sports car forum? why are there so many hondas?
| | |
| | |
08-09-2011, 03:28 PM
|
#22 | | The RS Freebie guru
Join Date: Jul 2001 Location: East Vancouver
Posts: 22,032
Thanked 2,491 Times in 860 Posts
Failed 137 Times in 67 Posts
|
Is this going to lower house prices? I want to upgrade from my apartment, but can't afford the retarded prices for a standalone house.
| |
| | |
08-09-2011, 04:55 PM
|
#23 | | Diagonally parked in a parallel universe
Join Date: Dec 2001 Location: Vancouver
Posts: 1,401
Thanked 84 Times in 33 Posts
Failed 7 Times in 4 Posts
| Quote:
Originally Posted by InvisibleSoul Is this going to lower house prices? I want to upgrade from my apartment, but can't afford the retarded prices for a standalone house. | doubt it.... It means continued low interest rates and, consequently, elevated housing prices Posted via RS Mobile | |
| | |
08-09-2011, 04:57 PM
|
#24 | | resident Oil Guru
Join Date: Mar 2005 Location: Vancouver
Posts: 7,716
Thanked 10,457 Times in 1,794 Posts
Failed 1,065 Times in 267 Posts
| Quote:
Originally Posted by InvisibleSoul Is this going to lower house prices? I want to upgrade from my apartment, but can't afford the retarded prices for a standalone house. | What, you, InvisibleSoul, can't get a house for free?  ?
| |
| | |
08-09-2011, 05:13 PM
|
#25 | | Revscene.net has a homepage?!
Join Date: Aug 2007 Location: RICHMOND
Posts: 1,299
Thanked 200 Times in 76 Posts
Failed 56 Times in 20 Posts
|
Good time to buy some stocks ? Posted via RS Mobile | |
| | | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | |
All times are GMT -8. The time now is 01:47 PM.
|
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
