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View Full Version : Recession!


Mitch
01-24-2008, 02:08 AM
Well, I think we all have seen it on the news. The word "recession" is everywhere. Markets are falling all over the globe, the US, China, Japan, Australia... everywhere.
Do you think this will be the start of the next huge depression? Will it be worldwide with the effects of globalization?

I think a recession is inevitable and with this huge economic boom it could bring along a major depression. Which wouldn't be nice :(

Cattraknoff
01-25-2008, 12:30 AM
It's being delayed by the US cutting interests.

The inevitable recession is going to be much worse than it otherwise would have been as a result, though.

Locke
01-25-2008, 03:34 AM
Once again, myopia prevails.