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Old Dec 8, 2009 | 12:18 AM
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looks like we are gettin in deeper shizz, yet we are doing nothing about it. cuz we feel like we cant do anything about it im scared

http://www.youtube.com/watch?v=eZA0qNsf4m0
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Old Dec 8, 2009 | 12:20 AM
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try this
youtube.com/v/eZA0qNsf4m0&hl
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Old Dec 8, 2009 | 12:45 AM
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same video
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Old Dec 8, 2009 | 01:12 AM
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right. your first post was mayhem so i cleaned it up for you

either way, that's f***ed up man. we have some deep money troubles here in this part of the world - i think i see some dark times ahead.
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Old Dec 8, 2009 | 01:15 AM
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This vid characterizes why we are in this mess.http://www.youtube.com/watch?v=19v5Kjmc8FI
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Old Dec 8, 2009 | 01:28 AM
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Originally Posted by MNC5
This vid characterizes why we are in this mess.http://www.youtube.com/watch?v=19v5Kjmc8FI
Damn thats really F'ed up IMO!!!!!
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Old Dec 8, 2009 | 09:39 AM
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IMO we've already seen a small bursting of the dollar bubble. The best reasoning, is look at gold prices. They're hovering around $1100-1200.

Like I've been saying though, we are technically out of the recession even though the reasoning is somewhat of a joke.
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Old Dec 8, 2009 | 10:08 AM
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Originally Posted by RandomHero
IMO we've already seen a small bursting of the dollar bubble. The best reasoning, is look at gold prices. They're hovering around $1100-1200.

Like I've been saying though, we are technically out of the recession even though the reasoning is somewhat of a joke.
In my opinion, job data and the unemployment rate are indicators of our recession and until there is improvement in that, I don't see us improving much. Government job numbers are usually manipulated a little bit so things won't seem as bad. Even after being fudged, the numbers are still terrible.
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Old Dec 8, 2009 | 10:21 AM
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Originally Posted by thiems
In my opinion, job data and the unemployment rate are indicators of our recession and until there is improvement in that, I don't see us improving much. Government job numbers are usually manipulated a little bit so things won't seem as bad. Even after being fudged, the numbers are still terrible.
All a recession means is two or more quarters of decreasing GDP. With that said, in Q3 of 2009 we actually had a positive increase increase in GDP.

The reason why I said the reasoning is a bit of a joke is that it only increased 2.8% and 2.1% of that was government spending and revenue from the cash for clunkers program.

To add, in November there were only 11,000 jobs lost. That's less than half of what was expected and essentially is a 0% increase in unemployment.

Almost everyone is losing money at their jobs. The economy as a whole was over inflated which eventually led to a market correction.
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Old Dec 8, 2009 | 02:13 PM
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Its going to get worse just so you know. By mid next year the unemployment will jump 2-3% just from the layoffs of NASA when the shuttle program shuts down til the Constellation program comes into full effect. Maybe even more. I know this cause i work there, not just blowing smoke out of my ***.
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