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Old 08-17-2008, 06:19 PM   #71
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Default Re: What recession?

Quote:
Originally Posted by Blueneck View Post
And depending where you live...



Michigan is still at No. 1 in unemployment with 8.5%.

toledoblade.com -- Ohio unemployment rate soars to 7.2% in July
Seems like a good time to move away from Ohio and Michigan.
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Old 08-17-2008, 06:20 PM   #72
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Default Re: What recession?

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Seems like a good time to move away from Ohio and Michigan.
I did in 1982...never looked back



"You ain't seen nothin yet!"
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Old 08-17-2008, 06:24 PM   #73
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Default Re: What recession?

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I did in 1982...never looked back
Me too, right around the same time.

God Bless Tennessee.
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Old 08-17-2008, 06:25 PM   #74
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Default Re: What recession?

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Me too, right around the same time.

God Bless Tennessee.
I like Tennessee....Think I may retire in the mountains...just not near Al Gore's mansion.



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Old 08-19-2008, 11:45 AM   #75
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Default Re: What recession?

Actually, I forget the publication I read this is (possibly the economist) but they made a solid argument that things like "stimulus checks" actually increase inflation at a higher rate.

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Old 08-19-2008, 11:48 AM   #76
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Default Re: What recession?

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Actually, I forget the publication I read this is (possibly the economist) but they made a solid argument that things like "stimulus checks" actually increase inflation at a higher rate.

That makes sense to me.

A sudden influx of cash into the system would create more demand, driving up prices, in my esteemed opinion.

Ignore lists are for those that are wrong, know they are wrong, and prefer to keep being wrong without the nuisance of being told they are wrong.
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Old 08-19-2008, 11:55 AM   #77
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Default Re: What recession?

Well your right Think, you can't print money without devaluing what has already been printed. It is a major flaw in the system that will eventually destroy the economy. This administration has devalued the dollar from an already beaten dollar by around 60%. This makes all the numbers you see in the GDP, markets or whatever, meaningless, until you do the math. The market in real standards, in the real world is down by huge amounts, as is your income. Hence the new upcoming wave of foreclosures.

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Old 08-19-2008, 07:33 PM   #78
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Default Re: What recession?

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Well your right Think, you can't print money without devaluing what has already been printed. It is a major flaw in the system that will eventually destroy the economy. This administration has devalued the dollar from an already beaten dollar by around 60%. This makes all the numbers you see in the GDP, markets or whatever, meaningless, until you do the math. The market in real standards, in the real world is down by huge amounts, as is your income. Hence the new upcoming wave of foreclosures.

Now , Now, the government would not lie to us, hell their omniscient.

Right now I'm having amnesia and deja-vu at the same time.

I think I've forgotten this before.
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