are we in a recession ?
Uploader Comments (myspacesecrets)
All Comments (74)
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Why is there is debate whether we're in a recession or not? Is this some sort of sick joke?? JUST LOOK AT THE NUMBERS, SOME WORSE THAN DURING THE GREAT DEPRESSION. UNLESS SOMEONE SEES MORE JOBS BEING CREATED AND THE HOME MARKET MIRACULOUSLY TURNING AROUND, WE'RE STILL IN A DEEP, DARK RECESSION AND WE'VE NEVER LEFT!!!
I just heard a great joke the other day that went like this:
A "recession" is when your friend loses their job.
A "depression" is when YOU lose your job.
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Do not believe the news. You need to act now. Buy gold and protect yourself.
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Can you enlighten me as to what "MOT" is?
Many thanks.
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Everything you say about the Fed is true. The Fed is expanding the money supply at extreme rates. There has to be lots of inflation as a result - higher commodity prices are an example of this.
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At actual stock market bottoms nobody on TV or in the financial media will tell you to buy stocks. Think backe to the bottom of the market in Oct 2002, even though this was one of the best buy opportunities ever, no of the talking heads told you this. So, if all the TV stock touts are telling you to buy, you can be assured that there isn't a stock market bottom.
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My friend Jack has been talking about this for 40 years, everyone used to tease him and call him "dark cloud" now they all want to be his friend! I am glad this is happening while he is still alive to see it.
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great!
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I agree that they are told what to say.They dont see it as a lie,they need to get ratings.If everyone knew the truth,which is right freiken here,it would happen overnight and right away.Everyone just wants status quo and nice.I dont know squat economics,u and vitory are my teachers.But now if I was a rich guy,I would manipulate the market with my $ so it appears fine and dandy,and when it fails,cie la vie.:)
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Vote. Get off the grid to the extent possible. Do "the day without shopping" as often as possible. Talk to other people. Be frugal and self-sufficient. Spread the word.
From France: great vid. I have an MBA and years of Wall Street and Euro exchange/Asian markets experience, and am a former NASD member. This is very lucid and really excellent. Will share. Carry on.
slobomotion 3 years ago
Slobomotion,
Thankyou for your kind words. There are lots more events to happen before the big one!
myspacesecrets 3 years ago