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

To: Road Walker who wrote (444538)1/4/2009 10:45:44 AM
From: bentway1 Recommendation  Read Replies (1) | Respond to of 1572749
 
"But I think what we are going to see are lots and lots of layoffs starting this week and going throughout the first quarter. That's going to start a cycle of more foreclosures, more CC defaults, more bad debt, more job loss. When or why that cycle ends is anyones guess, but I wouldn't be surprised to see 10-12%+ unemployment by the end of the year."

A grinding downward spiral that feeds itself and seems like it will never end. That's what I fear. Sounds like we're on the same page. Even if I'm wrong, it's not wrong to position one's self for it.



To: Road Walker who wrote (444538)1/4/2009 1:26:43 PM
From: tejek  Read Replies (2) | Respond to of 1572749
 
I have never read the thread.

Actually, I was suggesting to read the thread between just those two people.......it goes back 4 or 5 posts. They talk about saving seeds for planting food, storing water, developing panic rooms, gathering weapons etc for the coming apocalypse.


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