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| General Discussion Please read our Forum Rules before posting Feel free to talk about anything and everything about money. |
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12-01-2008, 09:50 AM
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How Long Will The Recession Last?
How long does everyone think that the recession will last? It seems that things definitely haven't hit bottom yet, and once they do they will still be there for a while.
What do you think and why? 
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12-01-2008, 09:54 AM
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I've read several articles saying that expect things to start turning around sometime secord or third quarter of 09, but in all reality, who knows. Things will recover eventually if history is a guide, but how long it will take is based on a lot of intertwined and complex issues.
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MODERATOR Brian
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12-01-2008, 10:27 AM
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No offense but... questions like these are kind of like asking if the weather will be sunny, cloudy, or rainy a month from now.
A lot of factors that may play a part in this answer has yet to even materialize, such as Obama's second stimulus package.
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12-01-2008, 10:42 AM
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6 months after the market starts going up
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12-01-2008, 10:47 AM
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Quote:
 Actually, I wish I thought of that one first.
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12-01-2008, 10:57 AM
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Quote:
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Steve * Despite the high cost of living, it remains very popular. * Why should I pay for my daughter's education when she already knows everything? * There are no shortcuts to anywhere worth going.
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12-01-2008, 11:18 AM
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It's official: U.S. in a recession since December 2007 - Dec. 1, 2008
"It's official: Recession since Dec. '07" See. They are just announcing today, 12/1/08, that we've been in a recession since a year ago. By the same system, it may be a year from the end of the recession before we know it is over. So while the recession may end sometime in 2009, we probably won't know it until sometime in 2010.
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Steve * Despite the high cost of living, it remains very popular. * Why should I pay for my daughter's education when she already knows everything? * There are no shortcuts to anywhere worth going.
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12-01-2008, 12:06 PM
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Personal Recession? National Recession? Global Recession?
Everything I read lately says 2010. But who knows....
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