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07-22-2009, 11:37 PM
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#1 | | I WANT MY 10 YEARS BACK FROM RS.net!
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| Financial crisis is over?
it looks like the bull market and inflation are back? but the unemployed rate
isn't bouncing back at all...is there any possibility another crisis coming?
and look at the indices all over the world...it has gone back up to pre-Lehman
brother level.  | 
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07-23-2009, 12:18 AM
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#2 | | The "You'd Know" Moderator
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It doesn't make sense because we are only a part of Hyde's imagination.
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Ezekiel 25:17. The path of the righteous man is beset on all sides by the inequities of the selfish and the tyranny of evil men. Blessed is he who, in the name of charity and good will, shepherds the weak through the valley of the darkness. For he is truly his brother's keeper and the finder of lost children. And I will strike down upon thee with great vengeance and furious anger those who attempt to poison and destroy my brothers. And you will know I am the Lord when I lay my vengeance upon you. | |
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07-23-2009, 12:33 AM
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#3 | | OWNER/C.F.O./MONEYMAN
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unemployement takes time to rebound. i remember reading about it in economy... its quick to react when a crisis hits, but slow to rebound when the crisis is over.
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07-23-2009, 01:21 AM
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#4 | | OMGWTFBBQ is a common word I say everyday
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wouldnt bet on it, wait till this fall and see what takes place.
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07-23-2009, 07:44 AM
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#5 | | Rs has made me the woman i am today!
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Well the reason things are going up is because analyst have lowered expections on every company reporting earnings, coupled with the fact that the earnings are all being beat with more profit/income... but at the expense of layoffs and job cuts. So yes while companies can save/make money by chopping alot of workers, think that trick will still work in q3? Can they can keep doing or is it just a way of putting lipstick on a pig.
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07-23-2009, 07:48 AM
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#6 | | Willing to sell a family member for a few minutes on RS
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it aint over, nowhere near being over
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07-23-2009, 07:53 AM
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#7 | | reads most threads with his pants around his ankles, especially in the Forced Induction forum.
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I see the economy going down more.
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07-23-2009, 08:18 AM
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#8 | | OMGWTFBBQ is a common word I say everyday
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My portfolio said its over 2 months ago
It's actually saying the economy has rebounded
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Originally Posted by Fei-Ji  haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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07-23-2009, 08:41 AM
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#9 | | RS.net, helping ugly ppl have sex since 2001
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Ill say its over when $1 CAD = $1 USD =)
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07-23-2009, 08:58 AM
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#10 | | OMGWTFBBQ is a common word I say everyday
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| Quote:
Originally Posted by shenmecar Ill say its over when $1 CAD = $1 USD =) | if CAD is at par, it IS OVER for Canada's rebound
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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07-23-2009, 09:03 AM
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#11 | | Unauthourized Spammer
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Thanks for the report. Now that just about everyone feels that things are going up I'm going to short the shit out of the market.
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07-23-2009, 12:15 PM
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#12 | | I *Fwap* *Fwap* *Fwap* to RS
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| Quote:
Originally Posted by trip wouldnt bet on it, wait till this fall and see what takes place. | I remember back in December/January people were saying they think the economy will be going back up in March. I'd say we're still in a recession.
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07-23-2009, 12:47 PM
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#13 | | I answer every Emotion with an emoticon
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the stock market nowadays is SO detached from the economy. Just cuz all the Index are going up, doesnt mean everything is good for everyone.
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Last edited by q0192837465; 07-24-2009 at 01:15 PM.
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07-23-2009, 12:53 PM
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#14 | | My AFC gave me an ABS CEL code of LOL while at WOT!
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yeah look at the unemployment rate
lots of ppl are jobless...a lot of ppl are still in a financial crisis
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07-23-2009, 12:58 PM
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#15 | | Banned (ABWS)
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Biggest thing most people are missing is: China's GDP is beating forecasts. China has been the catalyst to the global economy for the better part of a decade, and continues to be.
Most unemployment has been in manufacturing, services has actually added jobs since the recession started. Yet do we all want to work at Walmart selling cheap crap made in other countries?
50% of new mortgages AND renewals in Canada are 35yr amortizations (my broker says its probably closer to 80%). Housing has only recovered cause of very low rates, and longer amortizations making houses cheap enough for more people to stretch themselves into. What happens in 5 years when the rates correct to historical averages, 2-4% higher? We get a US style meltdown.
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07-23-2009, 02:00 PM
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#16 | | Banned (BBM)
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nah dont think its gonna get better anytime soon...
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07-23-2009, 02:14 PM
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#17 | | Rs has made me the man i am today!
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rebounding economy = higher gas prices  | |
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07-23-2009, 05:08 PM
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#18 | | WOAH! i think Vtec just kicked in!
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| Quote:
Originally Posted by taylor192 Biggest thing most people are missing is: China's GDP is beating forecasts. China has been the catalyst to the global economy for the better part of a decade, and continues to be.
Most unemployment has been in manufacturing, services has actually added jobs since the recession started. Yet do we all want to work at Walmart selling cheap crap made in other countries?
50% of new mortgages AND renewals in Canada are 35yr amortizations (my broker says its probably closer to 80%). Housing has only recovered cause of very low rates, and longer amortizations making houses cheap enough for more people to stretch themselves into. What happens in 5 years when the rates correct to historical averages, 2-4% higher? We get a US style meltdown. | I don't think the housing crisis will hit Canada. Our banks have better guidelines than the US and a lot of the low equity deals are CMHC insured.
BUt yea, as long as our Resources industries don't go down the tank, then we'll be fine. But it's not looking good for Canada though. I'm very skeptical since the unemployment rate is soo high. People need jobs.
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07-23-2009, 05:11 PM
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#19 | | My AFC gave me an ABS CEL code of LOL while at WOT!
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i need a job ne 1 hiring/
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07-23-2009, 06:40 PM
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#20 | | MiX iT Up!
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Sept 30 will tell. but i'm banking on that recovery has started.
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07-23-2009, 06:47 PM
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#21 | | F**K YOUR HEAD
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at least my POT went back up sorta...
POT as in potash
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07-23-2009, 06:47 PM
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#22 | | "They call me Bowser...RawR!"
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Jobs are a lagging indicator, it's one of the last ones to go up. When companies make more money and business picks up, THEN come the jobs..
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07-23-2009, 08:06 PM
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#23 | | SFICC-03*
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if history repeats itself we'll see another bottom.
i think the worst may have passed but the road to recovery is a steep one.
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07-23-2009, 08:27 PM
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#24 | | I WANT MY 10 YEARS BACK FROM RS.net!
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| Quote:
Originally Posted by q0192837465 the stock market nowadays is SO detached from the economy. Just cuz all the Index are going up, doesnt meean everything is all for everyone. | I agree
I don't think we'll see the light at the end of the tunnel for another year and half at least.
Nevertheless, last month and a bit was nice.
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07-24-2009, 07:56 AM
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#25 | | Revscene.net has a homepage?!
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Recession is over?!? YESS!!! Time to go take a second mortgage and buy myself the gtrz
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