Author Topic: How come no one's talking  (Read 2962 times)

Hugo Chavez

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Re: How come no one's talking
« Reply #25 on: April 30, 2008, 11:39:38 PM »
You didn't read my post did you? I said everyone who thought we were in a recession was incorrect, I said it grew SLOWLY. Don't shoot the messenger, I'm just made it an issue because no one on here would have been able to admit they were wrong.

If neuro is right, that's not even slow growth.

Hedgehog

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Re: How come no one's talking
« Reply #26 on: May 01, 2008, 05:28:15 AM »
Joe this is one of the funniest threads I've read in awhile

You truly do suck at spelling which is why you should use spell check

What we're heading into is stagflation which is the worst of all worlds




Stagflation is a killer.

And it definitely looks like we're heading for it. The huge budget deficits during Bush certainly created no room for economic boosts when the economy is going to shitters.

He'll retire to his South American farm and the rest of you will be fcuked.

Nice.
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OzmO

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Re: How come no one's talking
« Reply #27 on: May 01, 2008, 06:58:41 AM »
How come Joe is not talking..............now? 

Fury

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Re: How come no one's talking
« Reply #28 on: May 01, 2008, 07:06:57 AM »



 
On CNBC's "Squawk Box" Warren Buffett told Joe Kernen, Becky Quick, Carl Quintanilla and Steve Liesman that he thought the country was in a recession, even if economists weren't quite ready to label it as such:



Warren Buffett : "Yeah, I think we're in a recession. It is defined in a certain way by the national bureau of economic research. But I think it's defined by the man on the street differently than whether there have been two quarters of reported growth. Incidentally, when growth is below 1% per a year, it's really falling on a per capita basis because our population increases about 1%. Even though the national bureau uses an absolute figure, if it's up .1 % they don't count that as a recessionary quarter. We are in a recession unless you want to stick strictly to the technical definition which I don't think has much meaning to the fellow who's lost his job or who's facing a money market fund that isn't paying."



joeloco, i'm sure you understand economics better than i, or warren buffett.  ::)

clearly your "economic commentary" is amateurish and uninformed. please keep your misinformation to yourself, as it helps no one in this forum.


NT



It's Getbig. Of course Joe knows more about economics than a man worth $62 billion.

stormshadow

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Re: How come no one's talking
« Reply #29 on: May 01, 2008, 07:54:24 AM »
incorrect joeloco, .6% "growth" in GDP is considered a negative number when normal 1% population growth is added to the equation.

1.0% GDP is considered the break even number. any number under 1.0 is in the RED.

NT

That is 1% population growth per year, not per quarter.

The Coach

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Re: How come no one's talking
« Reply #30 on: May 01, 2008, 08:20:51 AM »
How come Joe is not talking..............now? 

Because I'm working...........is that ok?

OzmO

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Re: How come no one's talking
« Reply #31 on: May 01, 2008, 08:35:20 AM »
Because I'm working...........is that ok?

No that's not OK!    ;D   jk

You just haven't responded and i thought you would have by now.


OzmO

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Re: How come no one's talking
« Reply #32 on: May 01, 2008, 04:11:30 PM »
I think more than work has got joe's tongue    ;D

War-Horse

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Re: How come no one's talking
« Reply #33 on: May 01, 2008, 05:20:43 PM »
LOL.. Mods can change this thread title to: "Its confirmed, we're in a recession"......joey is so stupid, its entertaining....

Hedgehog

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Re: How come no one's talking
« Reply #34 on: May 01, 2008, 10:46:59 PM »
....About the non-ression "ressession" we're supossedly in that was announced today that we're not in??

I'd very interested in how you land in the conclusion that we're not in a recession?
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OzmO

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Re: How come no one's talking
« Reply #35 on: May 02, 2008, 06:42:18 AM »

typical joeloco, argue until you're completely discredited.......then VANISH.



NT

He probably walked away from his computer shaking his head......,  "Dam libs, they just don't get it."

The Coach

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Re: How come no one's talking
« Reply #36 on: May 02, 2008, 09:15:43 AM »

typical joeloco, argue until you're completely discredited.......then VANISH.



NT

Damn..I'm at work 12 hours a day and my wife get a peeved if I'm on here at night, I'm trying to cut it down.

BTW, from what I understand the true definition of a reCession is when you have 2 consecutive quarters in the negetive. We haven't had that.

The Coach

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Re: How come no one's talking
« Reply #37 on: May 02, 2008, 09:16:55 AM »
I'd very interested in how you land in the conclusion that we're not in a recession?

Read reply #42

The Coach

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Re: How come no one's talking
« Reply #38 on: May 02, 2008, 09:19:28 AM »
Also, when someone asked the Pres about the price of gas being $4 per gallon by spring and he replied he didn't hear that (or something to that effect) I guess he was right..........nationwid e the average is like $3.60

24KT

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Re: How come no one's talking
« Reply #39 on: May 05, 2008, 01:02:49 PM »
Are you suggesting that even Paris Hilton is better informed about economic issues than the Coach?

 :o  Ouch!!! Now that's going for the juggular!
w