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View Full Version : How bad will this recession become?


MorrisBuytinns
10-10-2008, 06:41 PM
The financial crisis is looking dimmer everyday, I'm terrified. Anyone know how awful it will become? someboday have any tips on how to stay fiscally sound?

VanessaTrewfiellb
10-11-2008, 11:31 PM
In my opinion you need to try to be more optimistic. I acknowledge it appears bad, but I refuse to let it sabotage my year.There are always methods to make dough.

Torgil
11-20-2008, 06:17 PM
The financial crisis will be nothing compared to the effects of the oil crisis that is looming up ahead. Sure, prices are falling right now, thanks to the financial crisis, but have you ever reflected over the fact that despite the most severe crisis in decades, the oil price is still three times as high as it was ten years ago? Imagine what will happen when the financial market starts to recover again, and investments in oil production have declined because of the recent prise drop. World production has peaked, demand hasn't.