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.

10-10-2008, 06:41 PM	#1
MorrisBuytinns Initiate Join Date: Oct 2008 Posts: 2	How bad will this recession become? 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?

10-11-2008, 11:31 PM	#2
VanessaTrewfiellb Initiate Join Date: Oct 2008 Posts: 1	negative 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.

11-20-2008, 06:17 PM	#3
Torgil Initiate Join Date: Nov 2008 Posts: 1	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.