recession over?
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- ukit
http://news.yahoo.com/s/ap/20090…
GDP dropped 1 percent in the second quarter of the year....vs 6% in the first quarter. Maybe the recession isn't over but it looks like things will start to turn the corner soon.
- JonnyPompa0
no, the worst is yet to come
- I predict a U shaped recession, possibly L, maybe even Z.JonnyPompa
- ughh. .. please have a real thought here.,marychain
- the recession is a spiral, seen from a side, we're in the second winding nowjimbojones
- ukit0
Says famed economist Jonny Pompa
- wademd0
Bank of Canada has already declared us out of the recession!
- I never really felt like we were in one.sikma
- yeah same herewademd
- Yeah, we were pretty lucky up here.ETM
- different perspective here, i'm in Toronto and seen many layoffs because of recessionrzrffglyr
- I'd think this is happening all over the industry?rzrffglyr
- I mean ad agenciesrzrffglyr
- er just sayin its not all dandy in canada either from my experience, but yeah the banks weren't hit as hard I believerzrffglyr
- Didn't think it was fine and dandy, but thanks to our banks, we did end up better off than much of the world.ETM
- ceiling_cat0
I hear it will pick up this year, but it will be worst next year
- I heard ceiling cats are sooo last year.marychain
- lazer eye tiemceiling_cat
- looolbigtrick
- ********0
Yes so go buy more stuff.
- ukit0
Might be time to start looking for a job
- TheBlueOne0
Calm before the storm and all...
- ********0
TBO, can you go to the wall street thread and look at the bull
- It is frozen in place, thus an apt metaphor for the current marketTheBlueOne
- ********0
the bottom is going to drop out. So get your life vests on and call your mothers.
- scarabin0
*fear*
- wrong0
- *needs a LOLCUBETheBlueOne
- i think the wold carries it without the need of the cuberayborn3000
- what wold?version3
- CGN0
QBN'rs are turning around the recession.
- cannonball19780
sweet finally *buys porsche*
- Seanbot0
Trying to stay positive... I mean, feel like shit is actually finally coming around again as there is a bit of stability now.
- gramme0
From an entirely selfish perspective, I think one of the best results of the downturn thus far is the downfall of more than a few enormous advertising agencies. Good for the small fish like me.
- ukit0
Have any of them been downed?
- gramme0
^ I recall reading who knows where that some have gone under... and many of the big shops have dramatically downsized, that is cut by more than half.
- ukit0
I figured a lot of the medium sized shops would have been the first to go. Either way, you're right, creates an opportunity for the small businesses.
