Sep 25, 2009, 09:41 AM // 09:41
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#4801
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are we there yet?
Join Date: Dec 2005
Location: in a land far far away
Guild: guild? I am supposed to have a guild?
Profession: Rt/
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I will be passing out that tin foil for the hats soon.....
so the people in washington think that the recession is coming to and end, however; housing sales are down, unemployment is still high (though last weeks figures arent as bad as the previous weeks).....people bought more in august (hello back to school---kids HAVE to HAVE certain things or they get nailed in class.).....
some how I just dont see it yet, as the congress is also working on a proposal to extend unemployment benefits even farther.
ah, guess it will work itself out some how (though I like what obama said---the us is NOT going to fix it for the world....or something to that effect, we may have started it but everyone has to work together to fix it).
oh yeah...and the dinner report---pizza again (had leftover dough---its hard to make just one)
__________________
where is the 'all you can eat' cookie bar?
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Sep 25, 2009, 01:38 PM // 13:38
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#4802
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God of Spammers
Join Date: Oct 2005
Location: in the middle of a burning cornfield...
Guild: Scars Meadows [SMS] (Officer)
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It might be over, just have to wait for everyone to catch up. Will take time for that.
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Sep 25, 2009, 03:08 PM // 15:08
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#4803
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Desert Nomad
Join Date: Jan 2007
Location: Massachusetts, USA
Guild: Guardians of the Cosmos
Profession: R/Mo
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Housing and employment are going to lag for a while yet.
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Sep 25, 2009, 03:47 PM // 15:47
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#4804
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God of Spammers
Join Date: Oct 2005
Location: in the middle of a burning cornfield...
Guild: Scars Meadows [SMS] (Officer)
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Yup, just going to take time. Everyone has to be patient.
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Sep 25, 2009, 04:06 PM // 16:06
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#4805
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Site Legend
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The US is spinning tales again. If China sells it's stock in the US market the US will crash and burn, and when the dollar crashes the western world will follow. Only China can prevent this, and they know that.
The US/UK market will see a steady increase up until Christmas, then come February the 'dead cat bounce' will be in full effect.
Don't expect to see an end any time soon.
__________________
Old Skool '05
Last edited by Malice Black; Sep 25, 2009 at 04:09 PM // 16:09..
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Sep 25, 2009, 04:17 PM // 16:17
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#4806
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EXCESSIVE FLUTTERCUSSING
Join Date: Mar 2007
Guild: SMS (lolgw2placeholder)
Profession: Me/
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Eh, it doesn't really matter. The whole system is going to crash eventually, it's just a matter of when.
I'd rather it happen sooner than later. Dogmeat is getting antsy being in the house all the time.
__________________
All seems lost now, but still we must fight on.
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Sep 25, 2009, 04:25 PM // 16:25
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#4807
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Site Legend
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It does matter, because this recession is just the tip of the iceberg. Things can and will get a lot worse.
Take Iran for an example, this is were the next "war on terror" will be. Not because the two nuclear plants Iran admits to having, but because of the oil
China needs oil to keep their booming industrial sector running. The US plans to control as much of the oil going into China as possible, with the intentions of using oil as a bargaining tool.
__________________
Old Skool '05
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Sep 25, 2009, 04:35 PM // 16:35
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#4808
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Desert Nomad
Join Date: Jan 2007
Location: Massachusetts, USA
Guild: Guardians of the Cosmos
Profession: R/Mo
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Quote:
Originally Posted by Malice Black
It does matter, because this recession is just the tip of the iceberg. Things can and will get a lot worse.
Take Iran for an example, this is were the next "war on terror" will be. Not because the two nuclear plants Iran admits to having, but because of the oil
China needs oil to keep their booming industrial sector running. The US plans to control as much of the oil going into China as possible, with the intentions of using oil as a bargaining tool.
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Iran doesn't have enough oil for themselves, they recently signed a deal with Venezuela to purchase oil from them.
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Sep 25, 2009, 04:44 PM // 16:44
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#4809
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EXCESSIVE FLUTTERCUSSING
Join Date: Mar 2007
Guild: SMS (lolgw2placeholder)
Profession: Me/
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Quote:
It does matter, because this recession is just the tip of the iceberg. Things can and will get a lot worse.
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I meant, "it doesn't matter to me." The economy has been unsustainable for a long time now. It's just taken this long for it to become apparent to everyone.
__________________
All seems lost now, but still we must fight on.
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Sep 25, 2009, 04:45 PM // 16:45
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#4810
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Site Legend
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Quote:
Originally Posted by Risky Ranger
Iran doesn't have enough oil for themselves, they recently signed a deal with Venezuela to purchase oil from them.
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You'd be surprised by what they say they have and what they have. Take the Saudi's for example, their wells are running dry yet they claim to have a lot more then they really do.
Saudi's have an estimated 70 odd years worth left, then they're all dried up. Why do you think all the Saudi's are suddenly interested in buying overseas?
Just wait and see.
Link: http://en.wikipedia.org/wiki/Oil_reserves
I have my own sources, but for legal reasons I can't post those, so you'll have to do with wiki.
__________________
Old Skool '05
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Sep 25, 2009, 05:14 PM // 17:14
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#4811
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are we there yet?
Join Date: Dec 2005
Location: in a land far far away
Guild: guild? I am supposed to have a guild?
Profession: Rt/
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Hm,
dont know about the oil issues, but I still dont think this recession is quite done with us yet (eg waiting for the other shoe to drop---China??? maybe, but still think there might be something else we just arent seeing yet).
Unemployment will be bad for sometime regardless of the recession or no, but some of the other stuff should get better---right now its mixed. One month the sales are up, next flat, next down...while other indicators are doing just the opposite.
I'm no economist, but I dont think its over, more like passed the middle perhaps, but not over (and by passed the middle I dont think we are on the recovery just yet, yeah somethings are getting better....others arent....)
Just this feeling that something is yet to come that is bad, before the 'recovery' truly starts.
we'll just have to wait and see I guess.
__________________
where is the 'all you can eat' cookie bar?
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Sep 25, 2009, 05:15 PM // 17:15
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#4812
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Desert Nomad
Join Date: Jan 2007
Location: Massachusetts, USA
Guild: Guardians of the Cosmos
Profession: R/Mo
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Of course the Saudi's would lie about it, once the oil is gone the Monarchy will lose all their power.
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Sep 25, 2009, 05:39 PM // 17:39
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#4813
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Site Legend
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Quote:
Originally Posted by cosyfiep
Hm,
dont know about the oil issues, but I still dont think this recession is quite done with us yet (eg waiting for the other shoe to drop---China??? maybe, but still think there might be something else we just arent seeing yet).
Unemployment will be bad for sometime regardless of the recession or no, but some of the other stuff should get better---right now its mixed. One month the sales are up, next flat, next down...while other indicators are doing just the opposite.
I'm no economist, but I dont think its over, more like passed the middle perhaps, but not over (and by passed the middle I dont think we are on the recovery just yet, yeah somethings are getting better....others arent....)
Just this feeling that something is yet to come that is bad, before the 'recovery' truly starts.
we'll just have to wait and see I guess.
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It's all about China and the oil.
Nothing is over until
a) US takes as much oil as they can
b) China will make them sign the Kyoto agreement before any negations are even started
With the US and China being the 2 biggest contributors to global warming, China will only see it fit that they are both doing their bit.
Isn't politics fun
__________________
Old Skool '05
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Sep 25, 2009, 06:26 PM // 18:26
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#4814
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are we there yet?
Join Date: Dec 2005
Location: in a land far far away
Guild: guild? I am supposed to have a guild?
Profession: Rt/
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no I dont enjoy politics, doubt I ever will.....
Ok
I will watch China for now......but there is just a nagging feeling (I am somewhat empathic at times..get these weird feelings about stuff that will happen etc) that something ELSE is in the wings......cant quite put it into focus yet.....
oh well, when its ready to tell me, it will (and as with most things....you'all will find out before I do).......
so let me know 'kay?
(and the us REALLY REALLY NEEDS to get OFF the oil .....really)
__________________
where is the 'all you can eat' cookie bar?
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Sep 25, 2009, 07:23 PM // 19:23
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#4815
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Lion's Arch Merchant
Join Date: Jul 2009
Location: Outside
Guild: Balthazars Chosen [BC]
Profession: R/P
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Warfare for China includes Kung Pow Chicken and Hookers.
Not to mention over-crowding america and cheap-ass toys.
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Sep 25, 2009, 08:45 PM // 20:45
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#4816
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God of Spammers
Join Date: Oct 2005
Location: in the middle of a burning cornfield...
Guild: Scars Meadows [SMS] (Officer)
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Too much politics... Everyone hatin on them asians!
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Sep 25, 2009, 11:49 PM // 23:49
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#4817
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Site Legend
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Quote:
Originally Posted by cosyfiep
no I dont enjoy politics, doubt I ever will.....
Ok
I will watch China for now......but there is just a nagging feeling (I am somewhat empathic at times..get these weird feelings about stuff that will happen etc) that something ELSE is in the wings......cant quite put it into focus yet.....
oh well, when its ready to tell me, it will (and as with most things....you'all will find out before I do).......
so let me know 'kay?
(and the us REALLY REALLY NEEDS to get OFF the oil .....really)
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Will do
Oil, my dear, makes the world go round, without it everything goes...quiet...like a mouse
__________________
Old Skool '05
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Sep 26, 2009, 12:52 PM // 12:52
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#4818
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Site Legend
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OK...time to lower the tone down to normal offtopic standards..
It's sat and the plan is to get wasted
__________________
Old Skool '05
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Sep 26, 2009, 02:19 PM // 14:19
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#4819
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Desert Nomad
Join Date: Jan 2007
Location: Massachusetts, USA
Guild: Guardians of the Cosmos
Profession: R/Mo
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Quote:
Originally Posted by Malice Black
OK...time to lower the tone down to normal offtopic standards..
It's sat and the plan is to get wasted
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Sounds like a plan to me.
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Sep 26, 2009, 03:11 PM // 15:11
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#4820
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Lion's Arch Merchant
Join Date: Jul 2009
Location: Outside
Guild: Balthazars Chosen [BC]
Profession: R/P
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I like rainy days. Idk why. Anyone else here want to live in the country? Suburbs are getting boring here, too much noise, too many neighbors. I just love cornfields ><
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