http://ccen-eg.com/why-is-there-going-to-be-a-recession-in-the-future.html We talk about Business and Finance Tue, 02 Feb 2010 00:57:28 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://ccen-eg.com/why-is-there-going-to-be-a-recession-in-the-future.html/comment-page-1#comment-6514 Artie B Fri, 14 Aug 2009 15:25:37 +0000 http://ccen-eg.com/why-is-there-going-to-be-a-recession-in-the-future.html#comment-6514 I hate to break this to you, but we're in a recession NOW. I hate to break this to you, but we’re in a recession NOW.

]]> http://ccen-eg.com/why-is-there-going-to-be-a-recession-in-the-future.html/comment-page-1#comment-6515 mister-d Fri, 14 Aug 2009 15:25:37 +0000 http://ccen-eg.com/why-is-there-going-to-be-a-recession-in-the-future.html#comment-6515 Because history repeats itself. Because history repeats itself.

]]> http://ccen-eg.com/why-is-there-going-to-be-a-recession-in-the-future.html/comment-page-1#comment-6512 N.C. Fri, 14 Aug 2009 15:25:36 +0000 http://ccen-eg.com/why-is-there-going-to-be-a-recession-in-the-future.html#comment-6512 By economics definition, a recession is marked by "2 or more consecutive quarters of low GDP index (Gross Domestic Product, which is basically a national spending report)." According to the numbers reported for over 6 months now (each quarter is 3 months, a total of 4 quarters per year), we ALREADY are in a recession. The GDP has been in the negative since late last summer. The majority of this population are merely in denial, that's all. And the news media absolutely refuses to use the big R-word because they fear that once the R-word is published, it will make the economy go down further at a faster rate. But the truth is, just because they don't officially "declare" a recession doesn't make the numbers report disappear. My advice would just be for you to cut all unnecessary spending and DON'T quit your job. I, for one, have already pulled my stocks investment and flocked to investment in gold back in August 2007. But now, although the price of gold has dropped down to $924.90/troy oz. as of Friday, April 11th, it's a good time to buy before it rises back to the $1,000+ range again. Right now, I am just waiting for the stocks to hit rock bottom before I buy again. As of March 29, 2008's report, there have been 407,000 layoffs from Feb. 1 to March 29. As soon as that report was released, the next business day, more companies have already announced more layoffs. So we don't know when those numbers will be "released" in the next report. I'm praying that this won't turn into another depression. Nobody can predict how long it will take for the market to recover. By economics definition, a recession is marked by “2 or more consecutive quarters of low GDP index (Gross Domestic Product, which is basically a national spending report).” According to the numbers reported for over 6 months now (each quarter is 3 months, a total of 4 quarters per year), we ALREADY are in a recession. The GDP has been in the negative since late last summer. The majority of this population are merely in denial, that’s all. And the news media absolutely refuses to use the big R-word because they fear that once the R-word is published, it will make the economy go down further at a faster rate. But the truth is, just because they don’t officially “declare” a recession doesn’t make the numbers report disappear.
My advice would just be for you to cut all unnecessary spending and DON’T quit your job. I, for one, have already pulled my stocks investment and flocked to investment in gold back in August 2007. But now, although the price of gold has dropped down to $924.90/troy oz. as of Friday, April 11th, it’s a good time to buy before it rises back to the $1,000+ range again. Right now, I am just waiting for the stocks to hit rock bottom before I buy again. As of March 29, 2008’s report, there have been 407,000 layoffs from Feb. 1 to March 29. As soon as that report was released, the next business day, more companies have already announced more layoffs. So we don’t know when those numbers will be “released” in the next report. I’m praying that this won’t turn into another depression. Nobody can predict how long it will take for the market to recover.

]]> http://ccen-eg.com/why-is-there-going-to-be-a-recession-in-the-future.html/comment-page-1#comment-6513 Jump Higher Programs Fri, 14 Aug 2009 15:25:36 +0000 http://ccen-eg.com/why-is-there-going-to-be-a-recession-in-the-future.html#comment-6513 I am not sure where N.C. is getting her information from but we have had positive gains since 2002, i will agree the last quarter IV2007 was almost flat but not negative. anyways you should keep your money where it is and if you have a 401k you should switch your future contributions to bonds, in about a year when the economy is at its bottom invest all the bond money into technology, preferably solar power. I am not sure where N.C. is getting her information from but we have had positive gains since 2002, i will agree the last quarter IV2007 was almost flat but not negative. anyways you should keep your money where it is and if you have a 401k you should switch your future contributions to bonds, in about a year when the economy is at its bottom invest all the bond money into technology, preferably solar power.

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