PDA

View Full Version : The Beginning of a Recession?




AMack
08-03-2007, 02:06 PM
Anyone else think that we're beginning the next recession now? We had the 300 point sell-off a few days ago, and now we've dropped another 280 points today!

Johnnybags
08-03-2007, 02:13 PM
Anyone else think that we're beginning the next recession now? We had the 300 point sell-off a few days ago, and now we've dropped another 280 points today!

The supposed growth is less than inflation, we are contracting and the government figures are bogus. We could be in a depression and the chimp and FED would not tell you. Anyway, the more the market falls the more people search for leaders, ie Ron Paul. Heck, the FED is increasing money supply 13.7 perent and we are growing 2.0? Wake up.

freelance
08-03-2007, 02:51 PM
we are contracting and the government figures are bogus.

Does anyone else think that we've been in a recession and we're now heading for a depression?


Heck, the FED is increasing money supply 13.7 perent and we are growing 2.0? Wake up.

We don't really know, now that they're hiding M3. For all we know, they're printing like there's no tomorrow. Oh, wait...they BEEN doing that.

aravoth
08-03-2007, 03:01 PM
Like I said before.

http://www.bloomberg.com/apps/news?p...JbA&refer=home

"A current 9 trillion dollar deficit, and an incoming entitlement debt of 40-50 trillion. Inverstors moving to china, and the largest Credit bubble in the history of the human race. "

MsDoodahs
08-03-2007, 03:10 PM
Anyone else think that we're beginning the next recession now?

Nope.

LibertyEagle
08-03-2007, 05:56 PM
Like I said before.

http://www.bloomberg.com/apps/news?p...JbA&refer=home

"A current 9 trillion dollar deficit, and an incoming entitlement debt of 40-50 trillion. Inverstors moving to china, and the largest Credit bubble in the history of the human race. "

No story at the link, avaroth. Remember the name of it?

constituent
08-03-2007, 06:46 PM
i kinda thought we'd been in one the last ... oh ... almost a decade or so now.

IrrigatedPancake
08-03-2007, 08:27 PM
When it becomes clear enough that something is wrong, it will be important that those of us who understand that attempts, by government, to "fix" things will only perturb the natural communication between supply and demand (through prices).

Government may intervene and cause prices to go up, which will attract other businesses to a place where they would otherwise not bring their goods. Meanwhile areas in need of supplies (high demand, low supplies), where prices would normally go up -- a sign of a market where other businesses can bring their own supplies, offer slightly lower prices, and easily compete with the "over pricer" --, might not get the goods they need because the government will often attempt to ride in on a white horse during extreme conditions and force "price gouging" businesses to lower their costs. This will not attract the goods of businesses hoping to compete. Plus this stops any communication between those with the goods and those who need the goods and replaces this signal with that of a place that's doing just fine, where most people can get and afford most of what they need and want, and for a business try to offer their goods there is probably not worth the expense.

ThePieSwindler
08-03-2007, 08:33 PM
Even the major news networks are talking about how we are having economic problems. I forget the guy's name but he has a show on NBC -Mad money or something. He was talking about the housing market, the credit bubble, and the fed, and how there is panic on wallstreet, and its worse this week than it was last week.

MsDoodahs
08-03-2007, 08:43 PM
When it becomes clear enough ... probably not worth the expense.

Gov't interventions prevent market prices from communicating the best locations for capital which results in misallocation of capital.

Read all about misallocation of capital here:

www.mises.org

:)