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  #1  
Old 05-06-2009, 12:53 PM
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Head Surfer Head Surfer is offline
 
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Default Recession waning

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.

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  #2  
Old 05-06-2009, 12:59 PM
Randolph Kinney Randolph Kinney is offline
 
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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  
Old 05-06-2009, 01:53 PM
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Ariba Ariba is offline
 
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Default

Quote:
Originally Posted by Head Surfer View Post
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/
Like he knows anything! Were was Bernanke 1-year ago and what did he say?
  #4  
Old 05-06-2009, 02:00 PM
Mary Tiernan Mary Tiernan is offline
 
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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  
Old 05-06-2009, 06:47 PM
Bama Bayou Bama Bayou is offline
 
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Default

Quote:
Originally Posted by Head Surfer View Post
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/
Surfer Dude, how old are you? This is the longest recession since WWII.
  #6  
Old 05-06-2009, 06:52 PM
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[quote=Bama Bayou;1808931]Surfer Dude, how old are you? This is the longest recession since WWII. [/QUOTE No way......................
  #7  
Old 05-06-2009, 06:53 PM
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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  
Old 05-06-2009, 07:01 PM
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Caligirl Caligirl is offline
 
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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.

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  #9  
Old 05-06-2009, 07:02 PM
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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  
Old 05-06-2009, 07:03 PM
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"... 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 improbable”

- John Snow, Secretary of the Treasury
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