what do you think of our economy ?

[TeeLapia]

Recession. I feel we have been. Why do you think we are still at war? Don't want to go further into that subject. But the economy is bad. Though the market does not show it (i.e. stock) there are various markets that is hurting, and I happened to be professionalized in one. The stock market has been at a high, but those number are inflated due to the sudden credit surge we had over the past couple years. The problem is the banks tried to pump up the economy and that bit them right on the rear end. So yes I feel we are in a recession.

 

[bored4long]

Yeah, my wife was in the subprime industry, too, Winston. That is a tough wave to ride out. Subprime mortgage companies are dropping like flies.

 

[Jim_S]

The economy is in deep trouble. The subprime mixed with the huge numbers of CC defaults we're seeing now are killing us. The dollar will continue to drop

As China grows the price of oil and steel and other raw materials are rising as our dollar falls. The best thing we have going here in the states is the fact that our agriculture production is very high. We feed a lot of the world. However, now that genetically created meats and veggies are approved by the FDA, me may see a decline there as well Countries have already started to search elsewhere for natural foods.

Strap on your sealbelts folks, it going to be an interesting 10 years

Jim

 

[jackfishy]

Okay, let's just talk about fish


Jack

 

[kevin95695]

Amen. This is a club. A club about marine aquariums. Let's not get too serious. There are other clubs for that. Thanks,

 

[shiveley]

IBTL *** RUFINGKDING?

 

[Trevor S]

<a href=showthread.php?s=&postid=11619675#post11619675 target=_blank>Originally posted</a> by shiveley
IBTL *** RUFINGKDING?

I agree Shiveley!

 

[kdblove_99]

I don't get it