Aces High Bulletin Board
General Forums => The O' Club => Topic started by: zack1234 on May 08, 2013, 07:39:56 AM
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Has the recession finished?
According to the BBC the Dow Jones is on a high :old:
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dont get too excited, market indices will always rise as a long term average. Assuming theres no global apoacalyptic event in the next few decades, I guarantee the Dow will hit 16,000 for the first time ever at some point, and then 17,000 ... etc ...
Its like unemployment stats. Recently we had "the highest unemployment ever" in the UK. Well yes of course we did, the population is rising. As a % of people of working age it wasnt even close ...
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Has the recession finished?
According to the BBC the Dow Jones is on a high :old:
the BBC is poo! :old:
Fox news is better :neener:
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the BBC is poo! :old:
Fox news is better :neener:
This.
Made me face palm...
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Has the recession finished?
According to the BBC the Dow Jones is on a high :old:
For the top 7% things are going pretty good. For the bottom 93% the recovery hasn't been much of a recovery.
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This
Made me face palm...
fox news is perhaps a rather biased news station. Was a
joke.
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Stock market is not the economy, it's just a single component of it. Take a look at where the stocks are going to in the sales and that tells you something other than breaking out of the recession. Industry has yet to start expanding, so far they are buying up their own stock. Good in the short run for the investors should they decide to sell since the prices went up. Does not indicate an expansion of GDP, production capacity or increase in employment. This is more of a shoring up situation rather than any expansion operation.
True recession decline would include expansion of production facilities, increase in orders for durable goods, especially industrial goods and a rapidly declining unemployment picture in the real career or stable job market. Hard to do when dividend increase and profit is being "punished" by outside influences.
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All them cute baby commercials are finally beginning to pay off.
:bolt:
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I have no idea what any of you are talking about :rofl :rofl :rofl :rofl :rofl :rofl :rofl
By the way i am still awesome :old:
I had no money before the recession and I have none now :rofl :rofl
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I have no idea what any of you are talking about :rofl :rofl :rofl :rofl :rofl :rofl :rofl
By the way i am still awesome :old:
I had no money before the recession and I have none now :rofl :rofl
:lol :aok
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I should probably add that this is not a recession, in the sense of bad times before everything gets back to normal.
This is normal. What we experienced in the years running up to 2008ish was an unsustainable bubble, which predictably burst. And I dont mean just the decade up to 2008, in a broader sense I mean since WWII, and broadening it out further, since the 19th Century.
It would be very unwise, deluded possibly, to expect things to get better soon, fairly soon, or probably ever. Especially if you live in the west. Unless you're lucky enough to be extremely wealthy and smart, the worst is yet to come.
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it's the time to invest in mjna.
semp
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The DOW is a measure of how well businesses are doing. As long as the factories in China, Korea and India keep doing well, the DOW will do well because THAT's were the money is invested. It ain't in the US, that's for sure. Too expensive to manufacture anything here.
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Stock are traded to make money. It has zero bearing on the economy.
http://economy.money.cnn.com/2013/03/08/wealth-video/?iid=HP_LN
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Where will it all end :rofl :rofl :rofl :rofl :rofl
So the Dow jones is like the FTSE and Nikkei just for idiots and rich people?
Why cant we inject trillions into the economy, the Japanese government has just done it :old:
If fact they have been in debt for the last 25 years and still spending trillions :old:
Its a bit confusing :cry
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Its a bit confusing
a fine example of the English Art of Understatement :D
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I have no idea what any of you are talking about :rofl :rofl :rofl :rofl :rofl :rofl :rofl
By the way i am still awesome :old:
I had no money before the recession and I have none now :rofl :rofl
Now this is what I was going to say,what recession?? I guess if you had money to loose then it might have been devastating but I was 1 of the lucky ones,just like Zack!
:salute
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I say sell in May and go away. :old:
what if a war kicks off in the middle east? Iran sending troops into Syria and Israel doing airstrikes just seems to be escalating.
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War don't be a tool :rofl
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War don't be a tool :rofl
War is good for business,not sure if it's a tool or not though...... :devil
:salute
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When our industrial strength was first in the world money injection worked. Now money injection stimulates other economy structures as we continue to buy imported products.
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what happened to the good ol days when polluting factories and annoying telemarketers supported millions of jobs so "Joe" could fill his tank for 20 bucks go to the sand dunes on the weekend and get so drunk he forgets about work and falls asleep at the campfire then wakes up and drives home to do it all over again next week?
Until this happens again, recovery will be for the big bussines not the poor man?
Thomas Freedmans book "the world is flat" leads me to believe the poor in the west will only get poorer as other nations outcompete eachother for labor and manufacturing. unfortunately, those in office and who fight bussines with regulations and taxes only make our country less competitive in the world market and decrease the amount of jobs available for "Joe".
Also, the consumer and leftist visionaries have left his neighbor for dead by supporting companies and policies that removed the neighbors job for their own selfish and ignorant ways.
:cheers:
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zack did you manage to catch this programme that was aired tonight?
http://www.bbc.co.uk/iplayer/episode/b01sf11c/Bankers_Fixing_The_System/
at 40:34 is that you on the phone??? :D
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what happened ...?
Complacency.
Until this happens again ...
It wont ...
You should read Niall Ferguson's Civilization: The West and the Rest. I think you'll appreciate it :aok
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I'm American and I do t get.
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what if a war kicks off in the middle east? Iran sending troops into Syria and Israel doing airstrikes just seems to be escalating.
if Israel goes to war the faithful puppy dog USA will be right in there too :)
here is an interesting question for you all:
Why does every country Israel wants to bomb have a 'regime'...but every country it does business with has a "government"?
http://www.huffingtonpost.com/2013/05/07/john-kerry-vladimir-putin-syria-talks_n_3227389.html
Dictionary.com for Regime
1. a mode or system of rule or government
2. a ruling or prevailing system.
3. a government in power.
4. the period during which a particular government or ruling system is in power.
The good guys have governments.
The bad guys have regimes.
:aok
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Simple. The bad guys have oil, the good guys don't :D
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Hey! the UK is a net oil exporter, are you calling us bad guys?
ok, dont answer that ... :D
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Hey! the UK is a net oil exporter, are you calling us bad guys?
ok, dont answer that ... :D
hmmm well duh!! I'm IRA
:neener:
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well from your recent posts I'm guessing you have a reading age of about 10, so I'll just assume that was a spelling error and give you the benefit of the doubt ...
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well from your recent posts I'm guessing you have a reading age of about 10, so I'll just assume that was a spelling error and give you the benefit of the doubt ...
your assuming what is a spelling error? IRA????
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so you're claiming to be a member of the Irish Republican Army? was that the IRA which disbanded in 1922 or the IRA which disbanded in 1969? or the provisional IRA which announced ceasefire in 1997 and disbanded in 2005? How did you manage that living in Cali?
Word to the wise - dont go claiming that if you're around real provos if you value your kneecaps, they take this stuff pretty seriously.
edit: and with that advice, you are now ignored.
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so you're claiming to be a member of the Irish Republican Army? was that the IRA which disbanded in 1922 or the IRA which disbanded in 1969? or the provisional IRA which announced ceasefire in 1997 and disbanded in 2005? How did you manage that living in Cali?
Word to the wise - dont go claiming that if you're around real provos if you value your kneecaps, they take this stuff pretty seriously.
niether it was meant simply as a joke (albiet some English friends of mines family would smack me)
IRA were nothing but terriost/patriots depending on where you sit.
Let us now get back on topic.
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Simple. The bad guys have oil, the good guys don't :D
This simply is untrue! North America has more oil than the middle east ever had.
AS P.E said "don't believe the hype!"
:salute
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Sounds like it's time for another AH Stock Market Challenge! :t
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AS P.E said "don't believe the hype!"
one of the best tunes ever committed to vinyl :aok
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This simply is untrue! North America has more oil than the middle east ever had.
AS P.E said "don't believe the hype!"
:salute
by pe do you mean hed pe?
Again I was joking. I think it's in Texas
where we keep or billions of barrels I believe.
My 2 cents to help this reccession, stop all foriegn aid and
focas on internal strife
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My 2 cents to help this reccession, stop all foriegn aid and
focas on internal strife
We should have never started it in the first place, but if we yank the props out from under the tent we built it will come tumbling down. Not saying that I favor foreign aid, but cutting it off would have a massive backlash especially in the Middle East. We bought it, now we have to maintain it.
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I'm not saying all at once. Think of it as a game if jenga. Just take a
liittle bit at a time. Maybe cut about half if we can
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For the top 7% things are going pretty good. For the bottom 93% the recovery hasn't been much of a recovery.
Its not the economy, its just stupidity, and the insane ammount of advertising preying on the stupid and ignorant. Idiots who get a second credit card to pay off their credit card bills, easy loans, the love muffines with brand new Camaros parked outside of a trashy house with toys strewn across the yard.
We should have never started it in the first place, but if we yank the props out from under the tent we built it will come tumbling down. Not saying that I favor foreign aid, but cutting it off would have a massive backlash especially in the Middle East. We bought it, now we have to maintain it.
Or we could sell it...
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Americans....capitilist to the end.
Btw what's wrong with toys beingnon the lawn?
My crack potato mother has her bf cooking meth and selling it.
Welfare pays the car payments :banana:
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[quoteWelfare pays the car payments dancing banana][/quote]
hit the nail on the head buddy :aok one of the first places need to cut(not those that NEED it, the ones who LIVE off of it) and my other question, how can anything get better when fuel is as high as it is, it drives the price of everything up? instead of 50 to fill a truck it now takes 150, fuel oil is huge where I am, last time I filled my tank it was 4.20 a gallon. Geez aircraft fuel is what 6 a gallon atleast :O we filled our drill rig, and those who drive big rigs know also, we put 1800 in our rig, :mad:
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There will always be people who find a way to cheat the system. O think peoplenqho are on welfare should be drug tested :devil
but this is getting close to politics.
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People like reading books about to try and get the answers :rofl
Not one of you mentioned "Das Kapital" :rofl (Don't pm me i wont reply)
Natcigg has got it right lets deregulate and pay everyone $1 a day to compete with the peasants in China,India and the rest of the third world :rofl
Whats the difference between Israel dropping bombs on things and the US and UK droppings bombs on things Bruv?
I am keeping a eye on you Bruv :rofl
Was "Dow Jones" born in Wales?
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I sent you a pm prior to reading this
epic fail :bhead
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Or we could sell it...
To who? China or Russia? I don't think New Zealand or Canada are in the Global Domination market. It's a limited field of players.
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War is good for business
http://www.youtube.com/watch?feature=player_detailpage&v=PvFYBkesqGU#t=118s
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Not one of you mentioned "Das Kapital" :rofl
essential reading, its like a capitalist's handbook :aok
Was "Dow Jones" born in Wales?
Jones the Bank, see :lol
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Don't panic!
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:neener:
Don't panic!
:neener:
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http://www.youtube.com/watch?feature=player_detailpage&v=PvFYBkesqGU#t=118s
:rofl :rofl :rofl
:salute
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Natcigg has got it right lets deregulate and pay everyone $1 a day to compete with the peasants in China,India and the rest of the third world :rofl
:rofl brilliant!
i will start my dusty shack cleaning service for 25 cents per shack cleaning. with 40 accounts set up for one cleaning per week i would, working 40hours/5days, make 2$ per day. now, if i can find a lost soul and teach him to clean i would pay him 1$ per day to clean 8 shacks. i get the other 1$ and spend more of my time getting accounts and make more money. then im going to get a taco truck and sell egg and potato tacos at the factory. :rock
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^ this guy gets it :aok
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Threads like these only show who does and does not understand how economics work. Likewise, that goes for taxation, trickle up and trickle down economics, free markets, government subsidies, government red tape, and pork barrel spending. Etc.
The media should not be your source of "nolege".
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Hell we should go into microeconomics :neener:
:bolt:
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Threads like these only show who does and does not understand how economics work. Likewise, that goes for taxation, trickle up and trickle down economics, free markets, government subsidies, government red tape, and pork barrel spending. Etc.
The media should not be your source of "nolege".
There is no such thing as trickle down economics, it WAS deregulation of the Financial sector and availability of CREDIT for stupid people.
Subprime :rofl RBS :rofl HSBC :rofl where is the wealth generated? I had to bail them out with my TAXES :rofl
So on this premiss can all those people who got in debt with credit cards get a loan off the Taxman which they can pay back when they are not in debt :rofl
I have read a few books on Economics Galbraith,Keynes for example :)
By the way my Butler demand Saturdays off, I think he needs a thrashing :old:
RtHolmes works for a bank and is willing to give you any financial advice you require :old:
Where is my £100000 RT and how much have I made? :pray
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did you watch that programme zack?
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Maybe a BBW Porno flick :rofl
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did you watch that programme zack?
Yes it was awesome like me :rofl
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To who? China or Russia? I don't think New Zealand or Canada are in the Global Domination market. It's a limited field of players.
Doesn't need to be all to one nation. Iran would love to have some of the middle east, and most wouldn't care as long as we kept getting our oil.
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Or we can just say there a WoMD there and presto! More peeps will die, and we get oil! :banana:
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if Israel goes to war the faithful puppy dog USA will be right in there too :)
I imagine if the US goes to war ... Its faithful Aussie kittens will do as told.
Oh ... well NZ dont even count :rofl
:aok
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Its the Swiss you have to keep your eye on :old:
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Isn't New Zealand, Australia's penal colony? :old:
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Its where people who used to English runaway to :old: