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RF Generation Message Board | Other | Idle Chatter | Well, Here's to the Depression! 0 Members and 14 Guests are viewing this topic. « previous next »
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Author Topic: Well, Here's to the Depression!  (Read 17086 times)
TraderJake
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« on: September 15, 2008, 04:07:53 PM »
Recession requires 2 successive quarters of GDP shrinkage? Forget that. This baby is going to last for a long time, and over time the word recession becomes depression. Welcome to 2008, hope you enjoy the ride. The stock market just exited it's 500 point drop, will it go up tomorrow? Let's hope so.

Stocks Get Pummelled [CNN]
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logical123
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« Reply #1 on: September 15, 2008, 05:08:59 PM »
No chance in hell will it go up enough to balance out what a 500 point drop does. Huzzah? I think not....  evilsad grrr
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Sirgin
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« Reply #2 on: September 15, 2008, 05:26:57 PM »
The economics are going downhill pretty much everywhere around the world and they don't look like changing for the better any time soon...

Belgium had the biggest inflation in 30 years this year.
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Tondog
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« Reply #3 on: September 15, 2008, 05:34:54 PM »
DOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOM
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[img width=550 height=125]http://mypsn.eu.playstation.com/psn/profile/Tondog.png[/img]
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logical123
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« Reply #4 on: September 15, 2008, 05:39:19 PM »
Day 1 Candy Bar cost: $0.99

Day 15: $1.29

Day 32: $1.49

Day 65: $8.99 WTF?!

laugh
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Funk_Buddy
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« Reply #5 on: September 16, 2008, 09:06:08 AM »
Don't worry... the Messiah will "change" everything for us. vomit
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Sirgin
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« Reply #6 on: September 16, 2008, 12:37:40 PM »
Quote from: Funk_Buddy on September 16, 2008, 09:06:08 AM
Don't worry... the Messiah will "change" everything for us. vomit
And who might that be?
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Beardcore84
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« Reply #7 on: September 16, 2008, 02:11:09 PM »
Quote from: Sirgin on September 16, 2008, 12:37:40 PM
Quote from: Funk_Buddy on September 16, 2008, 09:06:08 AM
Don't worry... the Messiah will "change" everything for us. vomit
And who might that be?

Reggie Fils-Aime

Smiley
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Funk_Buddy
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« Reply #8 on: September 16, 2008, 02:33:41 PM »
Quote from: Sirgin on September 16, 2008, 12:37:40 PM
Quote from: Funk_Buddy on September 16, 2008, 09:06:08 AM
Don't worry... the Messiah will "change" everything for us. vomit
And who might that be?

http://www.rfgeneration.c...=6610.msg110336#msg110336
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Sirgin
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« Reply #9 on: September 16, 2008, 06:39:09 PM »
Quote from: Funk_Buddy on September 16, 2008, 02:33:41 PM
Quote from: Sirgin on September 16, 2008, 12:37:40 PM
Quote from: Funk_Buddy on September 16, 2008, 09:06:08 AM
Don't worry... the Messiah will "change" everything for us. vomit
And who might that be?
http://www.rfgeneration.c...=6610.msg110336#msg110336
Oh, lol. I didn't notice the hint in the word "change". Now I get it Tongue
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logical123
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« Reply #10 on: September 16, 2008, 06:42:08 PM »
Well the markets did okay today, I guess. Dow up over 140 points, and the Nasdaq up almost 1.5%. Meh, whatever. If AIG goes under, then we are all screwed, financially.
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Sirgin
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« Reply #11 on: September 16, 2008, 06:45:22 PM »
I don't understand that much about the stock market. I really should get into it some more to really know what people are talking about. And what happened with the Lehman Brothers just recently Huh
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logical123
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« Reply #12 on: September 16, 2008, 07:01:04 PM »
Quote from: Sirgin on September 16, 2008, 06:45:22 PM
I don't understand that much about the stock market. I really should get into it some more to really know what people are talking about. And what happened with the Lehman Brothers just recently Huh

Oh gawd... How to explain, how to explain... I really can't... I only understand what is going on because my grandpa has taught me about stocks and such. In a nutshell, the Lehmam Brothers filed for bankruptcy. And that is really bad for the economy (I guess). So the investors had a 'panic', and stocks plummet. That is what happened on Black Thursday (24 OCT 1929), or the start of the Depression, but on a much grander scale.
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Sirgin
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« Reply #13 on: September 16, 2008, 07:10:40 PM »
Oh, I know about the Black Thursday, learned it in History last year Smiley 16 million shares were sold on that day or something.
Didn't know the Lehman case was the same type of thing...hopefully the economics will not drop below subzero.

The thing that I hate about economics is that once something bad happens the whole economic world starts to scream "OMG it's a recession!!! Run for the hills!!!" (Tongue) When the average Joe hears that he'll take it seriously and will spend less, causing the economics to plumit more than if everyone would've just shut up about it.

Or that's what I think anyway Wink
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Phosphor Dot Fossils
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« Reply #14 on: September 16, 2008, 07:43:24 PM »
Quote from: Funk_Buddy on September 16, 2008, 09:06:08 AM
Don't worry... the Messiah will "change" everything for us. vomit
What, they got an even cheaper Famiclone coming out that we can all afford?   Grin
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3 hours of classic gaming goodness - game play, commercials, rarities, and much more!  Phosphor Dot Fossils: The DVD
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