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Will there be a second "double dip" recession in the coming months?

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Dawson Leery Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-03-11 02:45 PM
Original message
Poll question: Will there be a second "double dip" recession in the coming months?
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OnlinePoker Donating Member (837 posts) Send PM | Profile | Ignore Wed Aug-03-11 02:50 PM
Response to Original message
1. Your question is confusing.
I'm sure there have been more than one double dip recessions in the past. I think using the word second isn't necessary as double dip automatically implies two recessions in a row. Either way, yes there is another recession coming shortly.
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Newest Reality Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-03-11 02:51 PM
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2. The term is a ruse, to me.
It depends on who and where you are in this system. Recession for whom? Recovery for whom?

I am not invested in the outcome of this particular game where profit is power and it trumps our well-being and becomes a threat to our existence, both in the short and long-term.

Why play the game when new ideas are emerging which suggest that living in this dream turned nightmare is not the only reality or way of life, anymore?

Looking to greener pastures and new paradigms, already in progress, is far more uplifting and could be more beneficial. Experimentation is a great way to get out of the tumor-lined trench we have been letting ourselves be dug into.

The system is in crises and the resource problems are looming ahead. Local is all we really have that we can see, feel and interact with now. The rest is buzzards picking the meat off of our bones and making PROFIT off of our misery all the way DOWN.
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readmoreoften Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-03-11 02:56 PM
Response to Reply #2
6. Agreed. For example, it's possible that productivity goes up through hyperexploitation of the work
force. Speed ups, longer hours, volume increase, etc. It's possible that spending could increase if there were a threat of hyperinflation, etc. But will things continue to get worse? Absolutely.
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Dappleganger Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-03-11 02:51 PM
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3. Yes, but I believe we're in one now.
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VeryConfused Donating Member (725 posts) Send PM | Profile | Ignore Wed Aug-03-11 02:53 PM
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4. Wouldn't it be a triple dip because radicals already claimed a double dip
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Blue Meany Donating Member (986 posts) Send PM | Profile | Ignore Wed Aug-03-11 02:55 PM
Response to Original message
5. The economy is in a long downard trend...
it may go up and down, but the long term trend is down, at least in terms the economy that most of us live in. I'm sure the top 1% will find ways to increase their profits whatever happens. But for those of us who measure the economy based on employment, wages, and the cost-of-living there's no light at the end of the tunnel.
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AndyTiedye Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-03-11 03:19 PM
Response to Reply #5
9. There IS Light At The End of the Tunnel
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Tierra_y_Libertad Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-03-11 02:58 PM
Response to Original message
7. No! No! The Boehner/Obama Deal and the Catfood Committee will fix it!
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onehandle Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-03-11 02:59 PM
Response to Original message
8. Clearly. nt
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