H-Bomb Henry Posted November 10, 2007 Share Posted November 10, 2007 I've come to the conclusion that I might be personally responsible for America's financial woes. 1. The IT job market crashed shortly after I finished college and entered that field of work. Coincidence? Me too. I entered the summer of 2000. Lost my job in November. 3 month severence after working six. Chicago unemployed is a great city until the rent bill comes. Quote Link to post Share on other sites
Reni Posted November 10, 2007 Share Posted November 10, 2007 Bush's Disastrous Dollar Policy President Bush doesn Quote Link to post Share on other sites
ikol Posted November 10, 2007 Share Posted November 10, 2007 It doesn't help that we basically use Monopoly money. Quote Link to post Share on other sites
Good Old Neon Posted November 10, 2007 Share Posted November 10, 2007 It doesn't help that we basically use Monopoly money. Actually, I think the dollar is down when compared to fake money. In fact, when I go out this afternoon, I'll be paying for lunch with Monopoly money - true story. Quote Link to post Share on other sites
fortuneinmyhead Posted December 31, 2007 Share Posted December 31, 2007 i'm curious about how folks on this board are feeling about the economy now. did you spend less than usual at christmas? are you worried about the coming year economy-wise? Quote Link to post Share on other sites
a.miller Posted December 31, 2007 Share Posted December 31, 2007 I didn't spend less, or more. However, it's my understanding that the overall holiday spending was down this year as compared with year's past. Quote Link to post Share on other sites
bjorn_skurj Posted December 31, 2007 Share Posted December 31, 2007 i'm curious about how folks on this board are feeling about the economy now. did you spend less than usual at christmas? are you worried about the coming year economy-wise?Yes, and kind of. Quote Link to post Share on other sites
austrya Posted January 1, 2008 Share Posted January 1, 2008 I'm not too worried. We probably spent more than last year on Christmas because we had another baby to buy for. Overall, we have money in our retirement funds, money in the bank, we didn't buy more house than we could easily afford, we don't have credit card debt, we don't spend money just to spend it, etc. Quote Link to post Share on other sites
quarter23cd Posted January 2, 2008 Share Posted January 2, 2008 i'm curious about how folks on this board are feeling about the economy now. did you spend less than usual at christmas? are you worried about the coming year economy-wise?We spent considerably less on gifts this year. I think, anyway. Our family is larger, so there are more people to buy for--so maybe it wasn't that much lower. But the gift-per-capita ratio was pretty low this year. Quote Link to post Share on other sites
ZenLunatic Posted January 2, 2008 Author Share Posted January 2, 2008 Well the DOW just fell below 1300 and Oil hit all time high. Looks like a bad start to the new year. I would be careful with spending. Quote Link to post Share on other sites
Reni Posted January 2, 2008 Share Posted January 2, 2008 we are hoping to get our credit cards paid off this year.......though our student debt is insane. We won't be in the market for a house for a few more years, and not until we leave Chicago. Too $$$ here. I at least hope we can start saving a little this year. I am glad we only have one car. Now, if only Amazon would start giving me free books.....we'd be well ahead of the game. Quote Link to post Share on other sites
ZenLunatic Posted January 8, 2008 Author Share Posted January 8, 2008 Dont look now, Dow just dropped way over 200 points further down. Bush keeps saying the economy is fine, really doesnt look like it. Quote Link to post Share on other sites
fortuneinmyhead Posted January 8, 2008 Share Posted January 8, 2008 yeah i am very jittery about this stuff at the moment, could be in for a real bumpy ride this year as far as the economy goes. the market is making needed adjustments, i'm just hoping it doesn't become a panic type of situation though. on a personal level though, i'm doing ok, for once in my life i think i have an actual net worth. Quote Link to post Share on other sites
ZenLunatic Posted January 8, 2008 Author Share Posted January 8, 2008 yeah i am very jittery about this stuff at the moment, could be in for a real bumpy ride this year as far as the economy goes. the market is making needed adjustments, i'm just hoping it doesn't become a panic type of situation though. I dont think it will get too bad but alot more is coming. I think it maybe similar to what we saw with the tech bubble bursting. Quote Link to post Share on other sites
fortuneinmyhead Posted January 8, 2008 Share Posted January 8, 2008 buy whiskey, gold, and oilmy .02 Quote Link to post Share on other sites
yermom Posted January 8, 2008 Share Posted January 8, 2008 One of my instructors is persistent that it's still not too late to invest in Baidu and make good bank. Quote Link to post Share on other sites
tugmoose Posted January 9, 2008 Share Posted January 9, 2008 Our entire economy is operating on credit right now. Mortgages, home equity loans, subprime mortgages, credit card debt (especially), etc. People are guilty of using it too much and banks are guilty of giving it out too much.Well, if the gov't doesn't worryi about balancing its checkbook, why should I? Kinda makes me a sucker if I do. Quote Link to post Share on other sites
Duck-Billed Catechist Posted January 21, 2008 Share Posted January 21, 2008 http://online.wsj.com/article/SB1200868670...p_us_whats_news Quote Link to post Share on other sites
John Smith Posted January 21, 2008 Share Posted January 21, 2008 Well, if the gov't doesn't worryi about balancing its checkbook, why should I? Kinda makes me a sucker if I do. Using the current economic theory pushed by the people in power right now, you should push up your credit over the max, and cut your wages. It will lead to increased income. Quote Link to post Share on other sites
Duck-Billed Catechist Posted January 21, 2008 Share Posted January 21, 2008 Using the current economic theory pushed by the people in power right now, you should push up your credit over the max, and cut your wages. It will lead to increased income.That economy isn't going to grow all by its little own self! Quote Link to post Share on other sites
Duck-Billed Catechist Posted January 21, 2008 Share Posted January 21, 2008 And now markets wordlwide are in crisis. Quote Link to post Share on other sites
PopTodd Posted January 22, 2008 Share Posted January 22, 2008 Not just recession.Not a depression.But... The End Of Days. Quote Link to post Share on other sites
quarter23cd Posted January 22, 2008 Share Posted January 22, 2008 Stocks are plunging, eh? Whew, good thing I can't afford to have much of a portfolio or else I might be really worried! Currently I am gathering sheep and preparing to bring back the barter system. Quote Link to post Share on other sites
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