Warrior General Games

Hey BigC

I heard on Bloomberg this morning that we'll most likely see a recession for Q3/Q4 of this year. I thought that would make you happy since it seems like you are pulling for it.

On a side note, I went to a fair this weekend and that place was packed and people were spending like nobody's business. It wasn't cheap either.

lol

somebody's been drinking the cool aid

We've been in a recession for awhile now...they are just now calling it as such.

Originally posted by BigCowboysFan
We've been in a recession for awhile now...they are just now calling it as such.

you are sooo delusional

Originally posted by BigCowboysFan
We've been in a recession for awhile now...they are just now calling it as such.

It takes a 2 Quaters of our GDP dropping before we are actually in a recession.

Most people like you think they mean 50 cents, so I understand your confusion...

Originally posted by BigCowboysFan
We've been in a recession for awhile now...they are just now calling it as such.

BCF, please don't become an economist anytime soon...people don't but $80k cars on a consistent basis during a freaking recession.

Originally posted by mwoods07
Originally posted by BigCowboysFan

We've been in a recession for awhile now...they are just now calling it as such.

BCF, please don't become an economist anytime soon...people don't but $80k cars on a consistent basis during a freaking recession.

Those are all leased.

i really don't want to contribute to this type of talk on a GLB forum, but i wanted to point out that the value of the US dollar vs other world currency is terrible right now. if that gets corrected, it would fix most of this and no one will be arguing about recession. if you look at the exchange rates at the time when gas was $4/gal, then adjust for values in the past years, the price would only be around $2.50/gal ... that's my 2 cents ... or 3.5 cents with inflation

None of this fiscal mess would be possible if the Democrats hadn't forced the "Community Reinvestment Act" on the banking/mortgage industry which forced them to make loans to people who were low income or had bad credit...all it was was a ploy to "buy" votes by saying "look what WE did for you, the Democrats helped get you that house".

Now all those people who took ARM's couldn't afford the payments and they blame the banks? WTF? THEY knew the terms and how it relates to their income but they are allowed to blame it on the banks.

The banks aren't free of guilt either...but the Democrat Congress is complicit too but they (and the liberal media) don't want anyone to know that.

This whole mess has been caused by one thing.....political correctness gone awry

Agree, we could talk about it forever, and I guess we should limit this discussion. I think everyone can agree that something is majorly wrong and needs to get fixed quickly.

Did anyone see the CEO for Lehman Brothers interviewed in front of the House today? It ws insane...the company that caused almost all of this banking mess went bankrupt, yet the dude was paid (salary, not stocks) $480 mil over the past 8 years....and he let all the investors just suck it up and lose all their money, meanwhile, he is sitting pretty and dosn't give a damn.

Originally posted by allenc
i really don't want to contribute to this type of talk on a GLB forum, but i wanted to point out that the value of the US dollar vs other world currency is terrible right now. if that gets corrected, it would fix most of this and no one will be arguing about recession. if you look at the exchange rates at the time when gas was $4/gal, then adjust for values in the past years, the price would only be around $2.50/gal ... that's my 2 cents ... or 3.5 cents with inflation

Funny you bring up the currency thing. I did some looking at the dollar vs the euro this evening since they said that's it's moving up. Did you know, last year when our economy was growing at almost record pace(last summer), the dollar vs euro was at just about the same level as it is today. Very interesting.

Originally posted by Rybread
Originally posted by allenc

i really don't want to contribute to this type of talk on a GLB forum, but i wanted to point out that the value of the US dollar vs other world currency is terrible right now. if that gets corrected, it would fix most of this and no one will be arguing about recession. if you look at the exchange rates at the time when gas was $4/gal, then adjust for values in the past years, the price would only be around $2.50/gal ... that's my 2 cents ... or 3.5 cents with inflation

Funny you bring up the currency thing. I did some looking at the dollar vs the euro this evening since they said that's it's moving up. Did you know, last year when our economy was growing at almost record pace(last summer), the dollar vs euro was at just about the same level as it is today. Very interesting.

British Pound vs US Dollar is almost 2 to 1

Originally posted by mwoods07
Originally posted by BigCowboysFan

We've been in a recession for awhile now...they are just now calling it as such.

BCF, please don't become an economist anytime soon...people don't but $80k cars on a consistent basis during a freaking recession.

some car show recently in the US had prices up into the 100k+ and several sold for 500K... not 'quite' recession yet.

Originally posted by Karamon
Originally posted by mwoods07

Originally posted by BigCowboysFan


We've been in a recession for awhile now...they are just now calling it as such.

BCF, please don't become an economist anytime soon...people don't but $80k cars on a consistent basis during a freaking recession.

some car show recently in the US had prices up into the 100k+ and several sold for 500K... not 'quite' recession yet.

OK, last comment I make in this thread ....

I'm not saying we are or aren't in a recession, but measuring it based on rich people buying cars at a car show is ridiculous. We could have another great depression and Bill Gates, Warren Buffet, etc. would still be doing fine. It's the same reason the sales of those huge RV's aren't hurt by gas prices. If you are rich enough to buy one, you don't care about how much the gas cost.

I guess as long as this website is here and people are boosting their players every season, then our economy is fine. Maybe we can stop this thread now and just let Bort tell us when people stop buying Flex. Then we'll know for sure if we are in a recession.

Originally posted by allenc
Originally posted by Karamon

Originally posted by mwoods07


Originally posted by BigCowboysFan



We've been in a recession for awhile now...they are just now calling it as such.

BCF, please don't become an economist anytime soon...people don't but $80k cars on a consistent basis during a freaking recession.

some car show recently in the US had prices up into the 100k+ and several sold for 500K... not 'quite' recession yet.

OK, last comment I make in this thread ....

I'm not saying we are or aren't in a recession, but measuring it based on rich people buying cars at a car show is ridiculous. We could have another great depression and Bill Gates, Warren Buffet, etc. would still be doing fine. It's the same reason the sales of those huge RV's aren't hurt by gas prices. If you are rich enough to buy one, you don't care about how much the gas cost.

I guess as long as this website is here and people are boosting their players every season, then our economy is fine. Maybe we can stop this thread now and just let Bort tell us when people stop buying Flex. Then we'll know for sure if we are in a recession.

+1