Recession is Over !!!!!!!!
#1
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Joined: Apr 2008
Posts: 26
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.
#2
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Joined: Jul 2008
Posts: 820
Re: Recession is Over !!!!!!!!
Most of us on here sincerely hope that your optimism is not misplaced...and your qualifications in economics are?
#4
Re: Recession is Over !!!!!!!!
MM, xx
#5
Re: Recession is Over !!!!!!!!
Did you find a receptionist?
#10
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Joined: Apr 2008
Posts: 26
Re: Recession is Over !!!!!!!!
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.
#11
Re: Recession is Over !!!!!!!!
...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
#14
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Joined: Jul 2008
Posts: 820
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.