Off-Topic: Welcome to the double dip recession

Lake Martin Topics

(Lake Martin Specific)

111,234 messages

Updated 11/3/2024 8:10:01 PM

Off-Topic

Lakes Online Forum

84,091 messages

Updated 11/8/2024 10:28:12 AM

Boat Maintenance

Lakes Online Forum

5,204 messages

Updated 9/14/2024 10:10:50 AM

Lake Martin Fishing

(Lake Martin Specific)

4,171 messages

Updated 5/29/2024 10:51:34 PM

Jokes

Lakes Online Forum

4,172 messages

Updated 9/9/2024 5:04:44 PM

Sports

Lakes Online Forum

4,262 messages

Updated 11/6/2024 6:43:09 PM

Grilling & Recipes

Lakes Online Forum

2,979 messages

Updated 6/26/2024 5:03:03 AM

Lake Martin SCUBA

(Lake Martin Specific)

169 messages

Updated 5/31/2023 1:39:35 PM

Tallapoosa River Topics

Lakes Online Forum

98 messages

Updated 4/15/2024 1:00:58 AM

Forum Usage Rules

Welcome, Guest

Select View Mode: [ classic | beta | recent ]

	Name:	MartiniMan -
	Subject:	Welcome to the double dip recession
	Date:	8/3/2011 2:49:19 PM

What I have been predicting is sadly apparently coming to pass. I still marvel that the administration and the government media actually thought the markets were looking at D.C. to solve the alleged debt crisis before taking off. They already took into account and knew that there would be no default. Everyone knew that wasn't going to happen.

The markets are responding to the general economic news and more importantly what they expect to happen and it isn't looking good. This recent deal does not address the fundamental problems we have in this country despite being the best that could happen given Dem control of the Senate and the WH. The work has just begun and we need to eject the Messiah from the White House and send Dems back to minority status in the Senate. Until then, we are looking at continuing with Jimmy Carter's 2nd term and mimicking Japan's decade of economic malaise.

Watch the revised GDP, unemployment, etc. numbers and you will see what I am talking about. The markets over the last two weeks have anticipated lots of bad economic news and they will not be surprised.....except it may be even worse than the so-called experts are predicting......why is it every time we get the results it is different than what experts expected? Because they don't know their backsides from a hole in the ground.

Other messages in this thread:

View Entire Thread

Welcome to the double dip recession - MartiniMan - 8/3/2011 2:49:19 PM

Welcome to the double dip recession - Jim Dandy - 8/3/2011 3:22:56 PM

Its getting worse - MartiniMan - 8/4/2011 3:59:33 PM

Its getting worse - Jim Dandy - 8/4/2011 4:54:36 PM

Its getting worse - MartiniMan - 8/5/2011 8:38:01 AM

Quick Links
Lake Martin News
Lake Martin Photos
Lake Martin Videos