A Depression Is Looming

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • NrmlCurvSurfr
    SBR MVP
    • 04-05-10
    • 2896

    #36
    Comment
    • rsnnh12
      SBR MVP
      • 09-26-10
      • 3487

      #37
      The real measuring stick of where our country is headed will be seen in June, July, and August. QE2 ends in June, so the market won't be propped up anymore. If the market can hold fairly steady, that means investors are pretty confident in our economy. If it tanks, we could be in some big trouble. Obviously this isn't the only measure for our economy's strength, but it is probably the next big event to measure it
      Comment
      • jjgold
        SBR Aristocracy
        • 07-20-05
        • 388179

        #38
        The young generation will have no family money like years ago

        These later generations are blowing everything and not saving like their parents did and also in heavy debt therefore there kids will not get perks or help.

        It is going to be real bad down the road

        I would advise no one to have kids as you will really struggle
        Comment
        • biggamer3
          SBR MVP
          • 04-16-07
          • 2163

          #39
          JJ is having a real depression it seems
          Comment
          • nosniboR11
            SBR Posting Legend
            • 09-02-08
            • 10042

            #40
            Originally posted by rsnnh12
            The real measuring stick of where our country is headed will be seen in June, July, and August. QE2 ends in June, so the market won't be propped up anymore. If the market can hold fairly steady, that means investors are pretty confident in our economy. If it tanks, we could be in some big trouble. Obviously this isn't the only measure for our economy's strength, but it is probably the next big event to measure it
            good post, but after august get ready for QE3.
            Comment
            • blittydeuce
              SBR Hall of Famer
              • 06-11-08
              • 5572

              #41
              JJ, wanna skype?
              Comment
              • rsnnh12
                SBR MVP
                • 09-26-10
                • 3487

                #42
                Originally posted by nosniboR11
                good post, but after august get ready for QE3.
                Sadly, this is probably true

                Could be the end of the dollar as we know it if (when?) it doesn't work
                Comment
                • teaserpleaser
                  BARRELED IN @ SBR!
                  • 08-14-08
                  • 26015

                  #43
                  Originally posted by jjgold

                  I would advise no one to have kids as you will really struggle
                  Comment
                  • teaserpleaser
                    BARRELED IN @ SBR!
                    • 08-14-08
                    • 26015

                    #44
                    Originally posted by robzilla
                    I dont know how everyone is affording to drive around in gas guzzling SUV's.
                    Everybody should be trying to get a hybrid, A prius, honda civic hybrid, or on the waiting list for next model year nissan leaf after they worked out the kinks. $5 gallon gas is right around the corner next stop $6 gal some say this summer just picked up a car so was at alot of dealerships they cant unload suvs these days lots are full of them. Still see them from time to time but $115 to fill that 26 gal escalade tank everyweek has to suck
                    Comment
                    • nosniboR11
                      SBR Posting Legend
                      • 09-02-08
                      • 10042

                      #45
                      Originally posted by teaserpleaser
                      Everybody should be trying to get a hybrid, A prius, honda civic hybrid, or on the waiting list for next model year nissan leaf after they worked out the kinks. $5 gallon gas is right around the corner next stop $6 gal some say this summer just picked up a car so was at alot of dealerships they cant unload suvs these days lots are full of them. Still see them from time to time but $115 to fill that 26 gal escalade tank everyweek has to suck
                      let me tell ya, not here in Texas, screw the little bitty car that will get you killed. Not on these roads, too many big cars, trucks, etc, Texans I promise will never give up there big SUV's.
                      Comment
                      • nosniboR11
                        SBR Posting Legend
                        • 09-02-08
                        • 10042

                        #46
                        always remember this guys and gals, this is the best time to make money, always good to have money when everyone else is broke.
                        Comment
                        • King Mayan
                          SBR Posting Legend
                          • 09-22-10
                          • 21326

                          #47
                          Originally posted by nosniboR11
                          let me tell ya, not here in Texas, screw the little bitty car that will get you killed. Not on these roads, too many big cars, trucks, etc, Texans I promise will never give up there big SUV's.
                          thats the problem, repubs want to supposedly make this country great but get stuck in the good ol'days, we did progressive thinking, shit has to change..... I have a f-150 and i can't wait for a hybrid truck or something of that nature...
                          Comment
                          • dherd
                            SBR Wise Guy
                            • 03-21-09
                            • 631

                            #48
                            your right jj we have to get these conservatives out of congress before they finish what they started. i believe they actually want to see america fail, what other reason would they have for striking fear in the markets by threatening to default on the debt. they are totally reckless.
                            Comment
                            • opie1988
                              SBR Posting Legend
                              • 09-12-10
                              • 23429

                              #49
                              Originally posted by jjgold
                              The young generation will have no family money like years ago

                              These later generations are blowing everything and not saving like their parents did and also in heavy debt therefore there kids will not get perks or help.

                              It is going to be real bad down the road

                              I would advise no one to have kids as you will really struggle
                              What a miserable fukk JJ must be.

                              Don't listen to any of this bullsh*t on here, guys. Not everyone is destined to go through life being an unhappy jerkoff.

                              Only selfish assholes encourage others not to experience having a child. Its the single greatest thing anyone can ever do. Not saying its without frustration and difficulties, but 100% worth it in every way.

                              **This thread should also reinforce how important it is to take care of one's teeth. Proper dental hygiene while growing up has been proven to lessen the odds of you turning into a miserable bald, snaggletoothed prick by your early 40's.
                              Comment
                              • RealSlimShady
                                SBR Hall of Famer
                                • 12-24-07
                                • 6249

                                #50
                                Originally posted by opie1988
                                Only selfish assholes encourage others not to experience having a child. Its the single greatest thing anyone can ever do. Not saying its without frustration and difficulties, but 100% worth it in every way.

                                Is that true, Opie? I dont think it is for everyone....
                                Comment
                                • teaserpleaser
                                  BARRELED IN @ SBR!
                                  • 08-14-08
                                  • 26015

                                  #51
                                  Originally posted by nosniboR11
                                  let me tell ya, not here in Texas, screw the little bitty car that will get you killed. Not on these roads, too many big cars, trucks, etc, Texans I promise will never give up there big SUV's.
                                  Everythings bigger in Texas lol when gas hits $6+ we'll see god bless em by that time I should be in my little bitty electric nissan leaf laughing at everybody bitching about gas prices. Austin has some sharp people that understand whats coming. Im not sure big truck guy is target for hybrid/elec CARS anyway.
                                  Comment
                                  • nosniboR11
                                    SBR Posting Legend
                                    • 09-02-08
                                    • 10042

                                    #52
                                    Originally posted by teaserpleaser
                                    Everythings bigger in Texas lol when gas hits $6+ we'll see god bless em by that time I should be in my little bitty electric nissan leaf laughing at everybody bitching about gas prices. Austin has some sharp people that understand whats coming. Im not sure big truck guy is target for hybrid/elec CARS anyway.

                                    lol , You enjoy your car teaser, but move around Texas with that Electric thingy, and see how great it is, lol

                                    and I just found out your a female and I missed the Austin part, makes a lot of sense, dont venture out of that city with your views is all i can say
                                    Comment
                                    • nosniboR11
                                      SBR Posting Legend
                                      • 09-02-08
                                      • 10042

                                      #53
                                      Originally posted by King Mayan
                                      thats the problem, repubs want to supposedly make this country great but get stuck in the good ol'days, we did progressive thinking, shit has to change..... I have a f-150 and i can't for a hybrid truck or something of that nature...
                                      lol little confused huh
                                      Comment
                                      • opie1988
                                        SBR Posting Legend
                                        • 09-12-10
                                        • 23429

                                        #54
                                        Originally posted by RealSlimShady


                                        Is that true, Opie? I dont think it is for everyone....
                                        I'll clarify.....if you are physically & mentally able to have a child, but simply choose not to for selfish reasons, I personally think you are making a huge mistake.

                                        I say this from experience. I had no interest in kids for the first 37 years of my life, including 10 years of marriage. I didn't see the upside. There wasn't a bigger selfish prikk than myself.

                                        For me, at least, it has been the only true joy I have ever known. Not saying its never a pain in the ass, expensive, and frustrating. It is! But, at the end of the day, its absolutely what lifes all about.
                                        Comment
                                        • teaserpleaser
                                          BARRELED IN @ SBR!
                                          • 08-14-08
                                          • 26015

                                          #55
                                          Originally posted by RealSlimShady
                                          Is that true, Opie? I dont think it is for everyone....
                                          Its not trust me everybody should do what makes them happy! if thats having 5 kids so be it. Im 29 and damn happy to not have kids.... damn happy if i want to have kids i can pick up my 3 brothers kids or my girls sisters kids and take them to movies or disneyland or whatever but having to have a lil version of me or my girl to fulfill my life isnt something i feel i need to do. Alot of Ego at play with kids trust me if i had a dollar for everytime i dated a chick and she said " we would have cute kids" keep in mind im in my 20s so these young chicks think like that. Im real enough or mature enough to know i really really want to travel more and do things like watch ufcs at a bar and get pissy drunk and pull a road trip to vegas... I know about 10 couples who have kids and 12 single parents i've seen them all miserable yelling at the kids at some point. I could go on kids are expensive, im asked to babysit from time to time unreal how tired i am end of those days. Just not ready yet maybe one day 50 is the new 40 they say we'll see ... doubtful but maybe
                                          Comment
                                          • RealSlimShady
                                            SBR Hall of Famer
                                            • 12-24-07
                                            • 6249

                                            #56
                                            Originally posted by opie1988
                                            I'll clarify.....if you are physically & mentally able to have a child, but simply choose not to for selfish reasons, I personally think you are making a huge mistake.

                                            I say this from experience. I had no interest in kids for the first 37 years of my life, including 10 years of marriage. I didn't see the upside. There wasn't a bigger selfish prikk than myself.

                                            For me, at least, it has been the only true joy I have ever known. Not saying its never a pain in the ass, expensive, and frustrating. It is! But, at the end of the day, its absolutely what lifes all about.

                                            I've heard that many times, Opie. Still think its not for me.
                                            But good to hear your viewpoint.
                                            Comment
                                            • rsnnh12
                                              SBR MVP
                                              • 09-26-10
                                              • 3487

                                              #57
                                              Originally posted by dherd
                                              your right jj we have to get these conservatives out of congress before they finish what they started. i believe they actually want to see america fail, what other reason would they have for striking fear in the markets by threatening to default on the debt. they are totally reckless.
                                              So its better to falsely prop up the markets through Quantitative Easing like the Dems are doing?
                                              Comment
                                              • King Mayan
                                                SBR Posting Legend
                                                • 09-22-10
                                                • 21326

                                                #58
                                                Originally posted by nosniboR11
                                                lol little confused huh
                                                Sorry. Fixed it.
                                                Comment
                                                • jw
                                                  SBR MVP
                                                  • 10-25-09
                                                  • 3999

                                                  #59
                                                  Originally posted by robzilla
                                                  I dont know how everyone is affording to drive around in gas guzzling SUV's.
                                                  There is shit-loads of money out there ... Casino's here in town are packed solid every single night ... people queue for 30-40 mins for a table in restaurants ... 80% of vehicles on the road here are Trucks/SUV's ... almost every TV sold is a 50" + model ... if people are hurting .. they sure as shit ain't hurting bad enough yet ...

                                                  People may grumble about the cost of gas ... but nobody is willing to change anything ... personally i'm doing great - got rid of my small car and upgraded to an SUV a few months ago .. my home value is up, my 401k is up, my gold/silver investments are up, companies are crying out for workers ...

                                                  If you look out of your window and things really look that bad .. maybe you need to pack up and move to somewhere that the sun is shining and life feels good.
                                                  Comment
                                                  • nosniboR11
                                                    SBR Posting Legend
                                                    • 09-02-08
                                                    • 10042

                                                    #60
                                                    Originally posted by King Mayan
                                                    Sorry. Fixed it.
                                                    Comment
                                                    • jjgold
                                                      SBR Aristocracy
                                                      • 07-20-05
                                                      • 388179

                                                      #61
                                                      Originally posted by jw
                                                      There is shit-loads of money out there ... Casino's here in town are packed solid every single night ... people queue for 30-40 mins for a table in restaurants ... 80% of vehicles on the road here are Trucks/SUV's ... almost every TV sold is a 50" + model ... if people are hurting .. they sure as shit ain't hurting bad enough yet ...

                                                      People may grumble about the cost of gas ... but nobody is willing to change anything ... personally i'm doing great - got rid of my small car and upgraded to an SUV a few months ago .. my home value is up, my 401k is up, my gold/silver investments are up, companies are crying out for workers ...

                                                      If you look out of your window and things really look that bad .. maybe you need to pack up and move to somewhere that the sun is shining and life feels good.
                                                      Your naive Son

                                                      Most are maxed out on ************ and do not have a fukkin dime to their names
                                                      Comment
                                                      • King Mayan
                                                        SBR Posting Legend
                                                        • 09-22-10
                                                        • 21326

                                                        #62
                                                        Originally posted by opie1988
                                                        I'll clarify.....if you are physically & mentally able to have a child, but simply choose not to for selfish reasons, I personally think you are making a huge mistake.

                                                        I say this from experience. I had no interest in kids for the first 37 years of my life, including 10 years of marriage. I didn't see the upside. There wasn't a bigger selfish prikk than myself.

                                                        For me, at least, it has been the only true joy I have ever known. Not saying its never a pain in the ass, expensive, and frustrating. It is! But, at the end of the day, its absolutely what lifes all about.
                                                        Comment
                                                        • bradthebloke
                                                          SBR MVP
                                                          • 07-26-09
                                                          • 3175

                                                          #63
                                                          so where are some good places to sell gold. dont want to go to pawn shops. my dad left behind a gold ring with a diamond in it. had a 20k receipt for it. i have to assume its gone up with gold on the rise. where does one unload these types of things.
                                                          Comment
                                                          • shari91
                                                            BARRELED IN @ SBR!
                                                            • 02-23-10
                                                            • 32661

                                                            #64
                                                            Originally posted by teaserpleaser
                                                            Its not trust me everybody should do what makes them happy! if thats having 5 kids so be it. Im 29 and damn happy to not have kids.... damn happy if i want to have kids i can pick up my 3 brothers kids or my girls sisters kids and take them to movies or disneyland or whatever but having to have a lil version of me or my girl to fulfill my life isnt something i feel i need to do. Alot of Ego at play with kids trust me if i had a dollar for everytime i dated a chick and she said " we would have cute kids" keep in mind im in my 20s so these young chicks think like that. Im real enough or mature enough to know i really really want to travel more and do things like watch ufcs at a bar and get pissy drunk and pull a road trip to vegas... I know about 10 couples who have kids and 12 single parents i've seen them all miserable yelling at the kids at some point. I could go on kids are expensive, im asked to babysit from time to time unreal how tired i am end of those days. Just not ready yet maybe one day 50 is the new 40 they say we'll see ... doubtful but maybe
                                                            1. Every parent becomes miserable and yells at their kid at some point. If they say they don't, they're liars.

                                                            2. I agree with you and did the same thing you say you're interested in: I travelled the world, lived a very crazy and blessed life thanks to my career, my biggest concern was what nail polish I needed to ask the lady for when I went for a manicure. For over 10yrs of my life before I chose to have a child.

                                                            I think in an ideal world, if people wait to have kids (or choose not to) until after they've got whatever out of their system then the child is better off for it. No resentment, no regrets. However the cookie doesn't always crumble that way so it's important we have compassion for others who may have taken a different path from us as well.

                                                            As for the main topic of the thread: The Aussie $ is at an all time high against the USD. 1.08. I'm a US citizen, not an Aussie one. The fact that the US is getting pummelled by such a tiny country that most Americans consider insignificant is embarrassing for those of you who scream hard about the US being the greatest country on the planet. Time to sort your shit out. Stop complaining about government and figure out what you can do to change it. If not, you'll just continue to take it up the ass like JJ x 10. The Southern Hemisphere isn't going away and it's kicking your ass big time. Leave it too long and there'll be no hope of even competing, let alone recovery
                                                            Comment
                                                            • falconticket
                                                              SBR MVP
                                                              • 09-05-10
                                                              • 3414

                                                              #65
                                                              Originally posted by teaserpleaser
                                                              Everythings bigger in Texas lol when gas hits $6+ we'll see god bless em by that time I should be in my little bitty electric nissan leaf laughing at everybody bitching about gas prices. Austin has some sharp people that understand whats coming. Im not sure big truck guy is target for hybrid/elec CARS anyway.
                                                              Im sure your husband or Boyfriend will still have a big truck or suv. Its always good to have one efficient vehicle and one vehicle for hauling people, merchandise etc.
                                                              Comment
                                                              • nosniboR11
                                                                SBR Posting Legend
                                                                • 09-02-08
                                                                • 10042

                                                                #66
                                                                Originally posted by shari91
                                                                1. Every parent becomes miserable and yells at their kid at some point. If they say they don't, they're liars. 2. I agree with you and did the same thing you say you're interested in: I travelled the world, lived a very crazy and blessed life thanks to my career, my biggest concern was what nail polish I needed to ask the lady for when I went for a manicure. For over 10yrs of my life before I chose to have a child. I think in an ideal world, if people wait to have kids (or choose not to) until after they've got whatever out of their system then the child is better off for it. No resentment, no regrets. However the cookie doesn't always crumble that way so it's important we have compassion for others who may have taken a different path from us as well. As for the main topic of the thread: The Aussie $ is at an all time high against the USD. 1.08. I'm a US citizen, not an Aussie one. The fact that the US is getting pummelled by such a tiny country that most people consider insignificant is embarrassing for those of you who scream hard about the US being the greatest country on the planet. Time to sort your shit out. Stop complaining about government and figure out what you can do to change it. If not, you'll just continue to take it up the ass like JJ x 10

                                                                well shari , I wanted to make sure I read your post correct, have to say, SPOT ON, great post and probably one of the best I have read all day.
                                                                Comment
                                                                • onetrickpony
                                                                  SBR Hall of Famer
                                                                  • 08-23-10
                                                                  • 9434

                                                                  #67
                                                                  boys and shari lets focus on the depression, rest of us are like 20 something we dont give a fuk about kids, i wanna hear what the econ majors have to say about this

                                                                  thanks chief
                                                                  Comment
                                                                  • jjgold
                                                                    SBR Aristocracy
                                                                    • 07-20-05
                                                                    • 388179

                                                                    #68
                                                                    Having kids is the biggest mistake a man can make in todays world unless you make over $300,000 a year which in turn takes some pressures off , money does help when you have a few kids and actually gives you much more freedom even though you could still be miserable. If you are low or middle class and you have kids you are making a huge mistake.
                                                                    Comment
                                                                    • King Mayan
                                                                      SBR Posting Legend
                                                                      • 09-22-10
                                                                      • 21326

                                                                      #69
                                                                      Originally posted by onetrickpony
                                                                      boys and shari lets focus on the depression, rest of us are like 20 something we dont give a fuk about kids, i wanna hear what the econ majors have to say about this

                                                                      thanks chief
                                                                      Comment
                                                                      • RealSlimShady
                                                                        SBR Hall of Famer
                                                                        • 12-24-07
                                                                        • 6249

                                                                        #70
                                                                        Originally posted by jjgold
                                                                        Having kids is the biggest mistake a man can make in todays world unless you make over $300,000 a year which in turn takes some pressures off , money does help when you have a few kids and actually gives you much more freedom even though you could still be miserable. If you are low or middle class and you have kids you are making a huge mistake.

                                                                        Is this Nicos talking or JJ?
                                                                        Comment
                                                                        SBR Contests
                                                                        Collapse
                                                                        Top-Rated US Sportsbooks
                                                                        Collapse
                                                                        Working...