It's finally getting bad, locally

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  • Ed62
    The Full Monte
    • Oct 2006
    • 6021
    • NW Indiana
    • BT3K

    #1

    It's finally getting bad, locally

    http://www.nwi.com/articles/2009/05/...1189941633.txt

    Ed
    Do you know about kickback? Ray has a good writeup here... https://www.sawdustzone.org/articles...mare-explained

    For a kickback demonstration video http://www.metacafe.com/watch/910584...demonstration/
  • cgallery
    Veteran Member
    • Sep 2004
    • 4503
    • Milwaukee, WI
    • BT3K

    #2
    Yep, the economy is still contracting.

    Given the size of the U.S. and global economies, there may be a second leg to rapid contraction coming. I think many have assumed that there would be simple curve to this recession (guess we're near calling it a depression now). It may be a "W" or even a "WV."

    I think an awful lot hinges on the next few weeks/months. If CEO's lose confidence in an uptick for later this year/very early next, then the next rounds of layoffs will be very unpleasant.

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    • Uncle Cracker
      The Full Monte
      • May 2007
      • 7091
      • Sunshine State
      • BT3000

      #3
      If nothing's getting built, there won't be a need for raw materials. Everybody is hurting...

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