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Recession is Over !!!!!!!!

Recession is Over !!!!!!!!

Old Jun 5th 2009, 4:33 pm
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Default Recession is Over !!!!!!!!

I am declaring the recession is over. Oil already in $70s. I guess this is the right time to buy property in Dubai with price down by 50%. Job market may take a few more months to recover.
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Old Jun 5th 2009, 4:36 pm
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Default Re: Recession is Over !!!!!!!!

Originally Posted by neil_95051
I am declaring the recession is over. Oil already in $70s. I guess this is the right time to buy property in Dubai with price down by 50%. Job market may take a few more months to recover.
Most of us on here sincerely hope that your optimism is not misplaced...and your qualifications in economics are?
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Old Jun 5th 2009, 4:39 pm
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Default Re: Recession is Over !!!!!!!!

Originally Posted by neil_95051
I am declaring the recession is over. Oil already in $70s. I guess this is the right time to buy property in Dubai with price down by 50%. Job market may take a few more months to recover.
YAY!!! Some good news!
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Old Jun 5th 2009, 4:45 pm
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Default Re: Recession is Over !!!!!!!!

Originally Posted by neil_95051
I am declaring the recession is over. Oil already in $70s. I guess this is the right time to buy property in Dubai with price down by 50%. Job market may take a few more months to recover.
things do seem to be looking up...even in my business, we're getting lots more people approaching us, and the signs are much more positive than, say, a couple of months ago...here's hoping so anyway...

MM, xx
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Old Jun 5th 2009, 4:54 pm
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Default Re: Recession is Over !!!!!!!!

Originally Posted by Madam Medusa
things do seem to be looking up...even in my business, we're getting lots more people approaching us, and the signs are much more positive than, say, a couple of months ago...here's hoping so anyway...

MM, xx
What do you do MM? If you don't mind me asking.

Did you find a receptionist?
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Old Jun 5th 2009, 4:59 pm
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Default Re: Recession is Over !!!!!!!!

Originally Posted by MrsHawkes
What do you do MM? If you don't mind me asking.

Did you find a receptionist?
work for a corporate communications company...yes we did, thanks, lol...

MM, xx
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Old Jun 5th 2009, 5:07 pm
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Default Re: Recession is Over !!!!!!!!

Originally Posted by Madam Medusa
work for a corporate communications company...yes we did, thanks, lol...

MM, xx
Good, good....

I went for a job interview the other day but not sure how i got on yet. He said he was interviewing a LOT of people.

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Old Jun 5th 2009, 6:56 pm
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Default Re: Recession is Over !!!!!!!!

Originally Posted by MrsHawkes
Good, good....

I went for a job interview the other day but not sure how i got on yet. He said he was interviewing a LOT of people.

Yay!

Let's go spend some plastic!
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Old Jun 5th 2009, 7:10 pm
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Default Re: Recession is Over !!!!!!!!

Originally Posted by Hello.Kitty
Yay!

Let's go spend some plastic!
Not sure what you mean HK? I don't have any plastic to spend?!

I said "some good news" because the "recession" has been horrible for a LOT of people....... even for people that have no loans etc.

So whats your point?
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Old Jun 5th 2009, 7:51 pm
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Default Re: Recession is Over !!!!!!!!

Originally Posted by Shadya
Most of us on here sincerely hope that your optimism is not misplaced...and your qualifications in economics are?
My Qualifications in economics is next to zero and I don't believe in any economists any more. They were always wrong...always think rationally and make your own decision.
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Old Jun 5th 2009, 10:18 pm
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Default Re: Recession is Over !!!!!!!!

Originally Posted by neil_95051
My Qualifications in economics is next to zero and I don't believe in any economists any more. They were always wrong...always think rationally and make your own decision.
...educated at the university of life and school of hard knocks. Economists talk a loada pish anyway, like architects. There's not much as a substitute for empirical knowledge gained through bad digs and a hard paper round
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Old Jun 6th 2009, 6:09 am
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Default Re: Recession is Over !!!!!!!!

Good shout Kev..
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Old Jun 6th 2009, 6:28 am
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Default Re: Recession is Over !!!!!!!!

Australia hasnt even entered into recession yet.
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Old Jun 6th 2009, 6:46 am
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Default Re: Recession is Over !!!!!!!!

Lionheart says that our FTSE stock portfolio hit rock bottom in March and has risen over 20% since then with over a dozen mining/energy stocks up over 100%. As an example Jubilee Platinum worth 7p in March is now 55p. On that evidence, there are positive signs of the recession being over...but watch out for the "dead cat bounce" he says. Fingers crossed.
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Old Jun 6th 2009, 10:50 am
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Default Re: Recession is Over !!!!!!!!

Originally Posted by Big Kevin
...educated at the university of life and school of hard knocks. Economists talk a loada pish anyway, like architects. There's not much as a substitute for empirical knowledge gained through bad digs and a hard paper round
I thought you were an Architect!
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