Reports have shown that March 30th, end of the first quarter for business related transactions and work (over the span of an entire year) that the market is starting to go back up, and hopefully by the end of this year we'll be on top of things again. Sounds great right? I know its not time to celebrate, things still have a possibility of dropping again, but I highly doubt it. Anyhow, discuss.
i don't know, this so called recession didn't seem to affect my life one bit besides not being able to go to the stores that went out of business. but when the news stops hyping the recession up and when people aren't afraid to spend money again, that's when it would've i ended i think.
Well, I'm guessing that's what we are aiming for, but unless people will be getting there jobs back soon, i don't think it will end so quickly. I'm hoping by the end of this year we will be back on top, because my future job counts on it.
If I were religious (in the literal sense - believing in higher powers), I would say don't jinx it, but since I'm not, I'll just say "We ain't out of this yet." Yes, it looks good, and yes, I know this would be coming (nothing lasts forever), but don't start celebrating just yet.
We're not out of the woods yet especially with the higher taxes being put in place and the everytime it seems that Obama goes on tv, the stockmarket suffers for it. That's just my opinion.
I was told today that the recession will be over by next fall, is that true or not....that is just what i was told...
We can't put a date or even a rough estimate on when this "recession" will end. It all depends on how willing the American population is to spend money and take the risk the media is advising against.
That is very true. It also ends when the Fed has no where left to expand its money supply, inflation reaches its limits, and the Fed has to contract the money supply to compensate for the overspending. It could also end when the dollar becomes untrusted and countries start pointing fingers at us... which can be bad. It could end at any moment, but if anyone has seen the trends of inflation, it is always recession, THEN depression, then recovery. We can't jump depression. The depression can last a pretty long time if fueled long enough. That's just my views.
Well ya, but that is just what i was told and so i had to ask....but right now, people are complaining really bad, but Iowa hasen't been hit very bad, gas has been staying steady at $1.89 for the past Two months......
This is very true, if people think the state we are in now is bad then just wait until Depression kicks in. I personally think we have a long way to go before the economies start to get back to a relatively stable level where people feel confident again.
Here we have absolutely no problem with the economic downfall :) this country's very poor and prizes were always high, so it's like all the other countries joined us. But when things get in control again, we'll still be the same!
I forget the exact numbers, but since the Great Depression, we have been through at least 5 other recessions, none of which ended in depression. We don't HAVE to have a depression. All people need to do is stop being negative, naysaying, and paranoid, and stop listening to a press that feeds off of sensationalism and tragedy. The press would LOVE it if the country were to slip into depression, as that would sell more papers and make more people watch the news.
