The recession is over!

**Stian** · 06-19-2009, 10:35 AM

The domain market will blossom again soon.

Sky's the limit!

**copper** · 06-19-2009, 10:45 AM

I am optimistic about domain market, but...
What makes you say recession is over?

**Stian** · 06-19-2009, 10:51 AM

Originally Posted by copper

I am optimistic about domain market, but...
What makes you say recession is over?

It's over! The bottom line is past us.

Seriously. Watch the stock markets. We are going up and there is no correction in sight!

**stewie** · 06-19-2009, 11:02 AM

I hope you are correct, but I don't see the markets with no correction in sight.

What stock markets are you talking about?

**Stian** · 06-19-2009, 11:05 AM

Originally Posted by stewie

I hope you are correct, but I don't see the markets with no correction in sight.

What stock markets are you talking about?

So far today:

DJIA 0,29%
NASDAQ 1,31%
FTSE 1,75%
CAC 1,06%
DAX 0,04%
DJ Bric 50 2,16
Hang Seng 0,81%
DJ Japan 0,87%
VINX 0,09%

The trend is continuous.

**copper** · 06-19-2009, 11:07 AM

I personally think we'll see bottom in about 6 months
and will take many years to recover.

Let's see who is right in about 6 months

**Stian** · 06-19-2009, 11:11 AM

Originally Posted by copper

I personally think we'll see bottom in about 6 months
and will take many years to recover.

Let's see who is right in about 6 months

Ok. I'll be here.

**copper** · 06-19-2009, 11:13 AM

Originally Posted by pcproffenno

Ok. I'll be here.

Cool

**Banned: democrat** · 06-19-2009, 11:49 AM

Oh Jeez!

I'll be here in 6 months or crashing under the bridge with wifi..

**ilovedomains** · 06-19-2009, 02:13 PM

The recession is over???

You mean people without money can buy houses again? Thieves on Wall Street can leverage junk stocks 30 or 40 times again? Rating agencies will be rating worthless derivitives as AAA investments again? People around the world are going to trust Wall Street again?

I dont think so. There will be a recovery, but it wont be the moronic fantasyland that deregulating wealthy thieves created. The days of running the economy on bullsh!t are gone.

**Stian** · 06-19-2009, 02:19 PM

Originally Posted by ilovedomains

The recession is over???

You mean people without money can buy houses again? Thieves on Wall Street can leverage junk stocks 30 or 40 times again? Rating agencies will be rating worthless derivitives as AAA investments again? People around the world are going to trust Wall Street again?

I dont think so. There will be a recovery, but it wont be the moronic fantasyland that deregulating wealthy thieves created. The days of running the economy on bullsh!t are gone.

Trust Wall Street? It's not Wall Street's fault that people take up loans they can't afford.

**ilovedomains** · 06-19-2009, 03:01 PM

Originally Posted by pcproffenno

Trust Wall Street? It's not Wall Street's fault that people take up loans they can't afford.

Thankyou for making my point.

Seems to me a lot of Wall Street companies took on obligations they couldnt afford to pay. Maybe they shouldnt borrow money they cant afford to pay back either.

Like I said, the days of borrowing money you cant pay back are over. Now the economy will have to get by running on money instead of bullsh!t.

**Banned: democrat** · 06-19-2009, 03:07 PM

oh jeez... here comes the politics! Stop! have a beer!

**Stian** · 06-19-2009, 03:12 PM

Originally Posted by ilovedomains

Thankyou for making my point.

Seems to me a lot of Wall Street companies took on obligations they couldnt afford to pay. Maybe they shouldnt borrow money they cant afford to pay back either.

Like I said, the days of borrowing money you cant pay back are over. Now the economy will have to get by running on money instead of bullsh!t.

So the recession didn't start with the subprime mortgages? Yes, the banks were irresponsible lending out money to monkeys, but then again the monkeys are the ones who didn't pay what they owed.

**Gerry** · 06-19-2009, 03:20 PM

Originally Posted by pcproffenno

Yes, the banks were irresponsible lending out money to monkeys, but then again the monkeys are the ones who didn't pay what they owed.

Give a monkey a banana and you feed a monkey for a day.

Give a monkey a dollar and he can buy his own damn food.
~Ancient ConfuseUs Proverb~

**Banned: democrat** · 06-19-2009, 03:51 PM

Originally Posted by Doc Com

Give a monkey a banana and you feed a monkey for a day.

Give a monkey a dollar and he can buy his own damn food.
~Ancient ConfuseUs Proverb~

You really think a monkey can buy it's own food or it might eat that dollar and then ask for another.. Whoa!! I just had a revelation!

DAMN DOC! YOU DID AND DONE IT FOR ME!

**Raider** · 06-19-2009, 04:25 PM

The rising unemployment numbers certainly DONT reflect it...

In Michigan alone, the unemployment rate is 9.6 and here in California it's at 8.4

Not over by a long shot

**copper** · 06-19-2009, 04:36 PM

Originally Posted by Raider

The rising unemployment numbers certainly DONT reflect it...

In Michigan alone, the unemployment rate is 9.6 and here in California it's at 8.4

Not over by a long shot

According to CNN, unemployment rate of Michigan is 14.1%

**Stian** · 06-19-2009, 04:42 PM

Originally Posted by Raider

The rising unemployment numbers certainly DONT reflect it...

In Michigan alone, the unemployment rate is 9.6 and here in California it's at 8.4

Not over by a long shot

Yeah, but they are steadily decreasing. The May 2009 unemployment rates were expected to be a lot higher.

BTW, it seems to me that almost every American on DNF only see the glass as half empty. Why is that?

**Banned: democrat** · 06-19-2009, 04:48 PM

I see things as full PC, Unfortunately the nature of the beast makes people "in general" look for the worst and hope for the best but overall, it's easy to see the negative before the positive.