Hummingbird the landing has changed we are now here!:)
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When prices go down that is a recession?
Its all confusing to me I just never took the time to figure out recession, depression, inflation etc
Does this mean price in all areas will be coming down?
US heading for house price crash, Greenspan tells buyers
http://business.timesonline.co.uk/printFriendly/0,,2020-5-1752866-9068,00.html
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Well I done some research on my own!
recession
A period of general economic decline; specifically, a decline in GDP for two or more consecutive quarters.
See Also: business cycle, collapse, panic, downturn, crash, depression, recovery
http://www.investorwords.com/4086/recession.html
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It seems our economy is being manipulated by the Red Chiness/Terrorist friendy
August 26, 2005
China is trying to make the yuan more flexible to reflect market supply and demand, but any sharp rise in the currency will be dangerous to the fast-growing economy, an influential Chinese economist said Friday. (Source: CNN Money)
Read more >
August 26, 2005
Chinese-made bras, blouses and T-shirts are piling up at customs checkpoints across Europe, having already bumped up against import limits set earlier this year. The European Union has sent a team of officials to Beijing to negotiate a way out of the crisis. But European retailers are just as annoyed at the quotas as the Chinese. (Source: The Economist)
Read more >
August 26, 2005
Faced with a choice between knowns and unknowns, income-minded investors may fall for a seductive illusion. They put their money in bonds, or other investments such as certificates of deposit, to gain the promise of being paid back a known sum at a specified time. They reject bond mutual funds because funds, with their continuously managed portfolios, have no maturity date. (Source: Bloomberg)
Read more >
Now I heard on Rush today that some group in the Arab world(Oil?) today decided not to do business with the Euro,France & Germany because they know nothing and planning to do business with Red China!
In the mean time we are being jack all over the place!
I would read that forum it seem like it up on real events!
http://www.megastories.com/index.php?module=ContentExpress&func=display&ceid=5&meid=-1
there is more on this site
Saad al-Faqih is trying to foment a people power revolution in Saudi Arabia from a back room in north London. The Saudi government accuses Faqih of supporting terrorism; Faqih says the government will stop at nothing to silence him. Paul Eedle reports.
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