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Recession waning

Discussion in 'General Real Estate and Real Estate Finance' started by Head Surfer, May 6, 2009.

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  1. Head Surfer

    Head Surfer Administrator Staff Member Founder Moderator

    11
    Jan 4, 2002
    Professional Status:
    Retired Appraiser
    State:
    Florida
    Just when it was getting started good the recession is starting to wane according to Fed Chief Bernanke.

    Dang! I remember recessions in the past lasting 3-5 years! This one is about over before it got started good.

    http://www.msnbc.msn.com/id/30575197/
     
  2. Randolph Kinney

    Randolph Kinney Elite Member
    Gold Supporting Member

    32
    Apr 7, 2005
    Professional Status:
    Certified Residential Appraiser
    State:
    California
    You can't trust or believe a man who is buying U.S. Treasury securities out of thin air.

    What you will have is a prolonged stagflation recovery at best. At worse, you will have hyperinflation.
     
  3. Ariba

    Ariba Senior Member

    1
    Feb 8, 2004
    Professional Status:
    Certified Residential Appraiser
    State:
    Colorado
    Like he knows anything! Were was Bernanke 1-year ago and what did he say?
     
  4. Mary Tiernan

    Mary Tiernan Senior Member

    0
    Dec 16, 2003
    Professional Status:
    Retired Appraiser
    State:
    Michigan
    I think he was polishing up his crystal ball last year so it could work this year . . .

    as soon as it goes on the market, I am buying one - maybe then I will finally pick the right lotto numbers . . .
     
  5. Bama Bayou

    Bama Bayou Senior Member

    0
    Oct 19, 2006
    Professional Status:
    Certified General Appraiser
    State:
    Alabama
    Surfer Dude, how old are you? This is the longest recession since WWII. :laugh::laugh:
     
  6. Greg Bell

    Greg Bell Senior Member

    0
    Jul 7, 2006
    Professional Status:
    Gvmt Agency, FNMA, HUD, VA etc.
    State:
    Louisiana
     
  7. Greg Bell

    Greg Bell Senior Member

    0
    Jul 7, 2006
    Professional Status:
    Gvmt Agency, FNMA, HUD, VA etc.
    State:
    Louisiana
    WASHINGTON (Reuters) - The U.S. recession will probably be the longest since World War Two and could worsen without heavy government spending, according to a closely-watched survey of economists released on Saturday.....read PROBABLY...
     
  8. Caligirl

    Caligirl Senior Member

    0
    Jan 27, 2006
    Professional Status:
    Certified General Appraiser
    State:
    California
    I've also heard that the recession is ending, I think it was the day Chrysler went bankrupt, swine flu was a '5' (pandemic is '6') and GDP numbers were far worse than expected.

    :new_all_coholic:
     
  9. Greg Bell

    Greg Bell Senior Member

    0
    Jul 7, 2006
    Professional Status:
    Gvmt Agency, FNMA, HUD, VA etc.
    State:
    Louisiana
    Financial storm definitely passed."

    - Bernard Baruch, cablegram to Winston Churchill, November 15, 1929


    "There is no bubble to burst,"

    - Jim Folkman, VP of the Home Builders Association of Central New Mexico
    2006
     
  10. Greg Bell

    Greg Bell Senior Member

    0
    Jul 7, 2006
    Professional Status:
    Gvmt Agency, FNMA, HUD, VA etc.
    State:
    Louisiana
    "... a serious depression seems improbable"

    - Harvard Economic Society, November 10, 1929


    "The idea that we're going to see a collapse in the housing market seems to me improbableā€

    - John Snow, Secretary of the Treasury
     
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