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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (290102)6/5/2006 3:01:34 PM
From: steve harris  Respond to of 1571800
 
never forget John, someone likes every shot you hit....



To: Road Walker who wrote (290102)6/5/2006 3:04:31 PM
From: Tenchusatsu  Respond to of 1571800
 
JF, Have you ever been through a real recession?

I suppose I haven't. I thought I was going through one back in 1992 when Clinton told us, "It's the economy, stupid!" I bought that slogan hook, line, and sinker.

Tenchusatsu



To: Road Walker who wrote (290102)6/5/2006 7:00:29 PM
From: Jim McMannis  Read Replies (2) | Respond to of 1571800
 
RE:"Pretty close. Have you ever been through a real recession?"

Def. Recession - when your neighbor loses their job.

Def. Depression - when you lose your job.

Actually, like the run up, this will be a selective recession. Concentrated in Real Estate related things. If it happens.
Confidence WILL drop because the warm and fuzzy HELOC feeling will be gone.