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  1. Join Date
    May 2006
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    556
    #11
    Quote Originally Posted by v6dreamer View Post
    Recession in the U.S is come and go. Not even the great depression on the early 1920 can shake down the U.S economy to bring down its knee. Who knows what's the White House or federal govt. thinking.
    Bringing down the US economy to its knees?....unlikely. The US gov't will not take this sitting down.

    Perhaps another war of terror, if the Republicans win? Declare China as an axis of evil? Ang daming puede.

  2. Join Date
    Nov 2005
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    457
    #12
    Quote Originally Posted by HIFI View Post
    Bringing down the US economy to its knees?....unlikely. The US gov't will not take this sitting down.

    Perhaps another war of terror, if the Republicans win? Declare China as an axis of evil? Ang daming puede.
    nakupo, wag naman sana another Republican. If they want change, they should put a Democrat in the House but not Obama, please lang Pupusta ako pag naluklok si Barak sa White House, assassination ang aabutin nyan They need another Clinton at 1600 Pennsylvania

  3. Join Date
    Nov 2005
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    45,927
    #13
    Quote Originally Posted by HIFI View Post
    Nevertheless, the signs of recession are beginning to show. BTW, I agree to your actual definition of "recession".



    Oil prices...bababa? Unlikely. Again, the problem is China. They are buying oil in an alarming rate, pushing prices to record highs. This is the reason why it's been high this past couple of years, and there is no end in sight. Daming pera doon ngayon.
    oil is 93USD today. From a high of 100. That's already factoring in the tensions in Nigeria and Iran.

    The bettors in the futures market are concerned the US slowdown will lower demand.

    China is indeed a huge consumer of oil. But if the US imports less China products come reccession time, the Chinese economy will also slow down a bit... consuming less oil.

    Same with Japan. the US is Japan's biggest export market. There's talk Japan also will go into recession.

    Put together the US, China, Japan using a bit less oil, that's good news for us.

    Pero syempre, there are 2 sides to every bet. There are speculators waiting for any bad news that will affect oil supply (disruption from geopolitical tensions, natural disaster etc) to bid up the price of oil to $150 or even $200.
    Last edited by uls; January 15th, 2008 at 10:47 AM.

  4. Join Date
    Oct 2002
    Posts
    40,038
    #14
    we'll have a surplus of nurses.....:injured:

  5. Join Date
    Nov 2005
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    45,927
    #15
    nagkakasakit parin naman ang tao kahit may recession hehe...

    so healthcare, pharmaceuticals wont be affected

  6. Join Date
    Jul 2007
    Posts
    230
    #16
    Quote Originally Posted by xoom View Post
    my analogy to this is this: kapag ikaw ay nababankrupt na, the logical thing to do is maghagilap at hugutin ang mga sources of assets mo to keep you afloat and US has billions of assets and interests here.

    Kapag humatsing ang US, expect the world to catch cold. Pero sabi nga ni v6dreamer, recession in the US come and go. Ika nga ni Pacman, "bilog ang mundo, pre". Being the only superpower in the world, wala ng mas aastig pa kay Uncle Sam.
    Ask ko lang po. Diba baon na baon ang US sa utang? Ang Tsina baon ba? Kung ang tao baon sa utang at lagi na lang umuutang diba lampas bankrupt na yon?

  7. Join Date
    Oct 2002
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    40,038
    #17
    ^^^bakit, tao ba ang US? :rofl:

  8. Join Date
    Jul 2007
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    230
    #18
    Quote Originally Posted by shadow View Post
    ^^^bakit, tao ba ang US? :rofl:
    hahaha po. kung kumpanya kaya na baon sa utang at kumokonti ang kumukuha ng produkto. diba palubog na ang kumpanyang iyon? marami pong kaharian na umangat at bumagsak. at ang akala ng mga tao na di sila babagsak. mahirap bang isipin na pati ang Amerika maaring bumagsak. kahit pakonti-konti lang?

  9. Join Date
    May 2006
    Posts
    556
    #19
    Quote Originally Posted by xoom View Post
    nakupo, wag naman sana another Republican. If they want change, they should put a Democrat in the House but not Obama, please lang Pupusta ako pag naluklok si Barak sa White House, assassination ang aabutin nyan They need another Clinton at 1600 Pennsylvania

    Most of the american I asked, ito ang opinion kay Clinton: She one tough woman, but she can not be trusted.

    Si Obama naman, double standard.

    McCain is a good choice daw....conservative, but too old.

    Ang galing ng campaign ni Bill Clinton noon...."it's the economy...stupi(d)".
    Lately....puro war and war and war...>

  10. Join Date
    Nov 2005
    Posts
    45,927
    #20
    Di po babagsak ang US.

    As long as the USD is the currency of world trade, the US will remain the world superpower.

    Kahit ano pa gastos at utang ang gawin ng US, babalik at babalik ang USD sa US.

    the US buys consumer goods, oil etc from many countries and pays those countries in USD.

    Those countries end up with a lot of USD. What do they do with all that money?

    They buy US assets.

    Who buys US T-bills? China, Japan, Middle East countries

    Who buys equity in US companies? The sovereign funds of Middle East countries, China, Singapore

    The USD always ends up back in the US.
    Last edited by uls; January 15th, 2008 at 04:25 PM.

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Has recession hit the U.S.? What does it mean for the Phils?