Yep, its THIS bad!

Old Feb 10, 2009 | 06:35 PM
  #1  
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Yep, its THIS bad!

sometimes you can hear all the talk on the news, but you need to visualize it to understand how bad the recession is getting. Hope all you guys stay safe if you got a good job, its gonna get alot uglier

Old Feb 10, 2009 | 06:43 PM
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but there are more jobs to lose now, compared to 2001 and 1990 where there were1/2 as many jobs and office buildings
Old Feb 10, 2009 | 06:44 PM
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Old Feb 10, 2009 | 10:38 PM
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Originally Posted by kYLEMtnCRUZr
but there are more jobs to lose now, compared to 2001 and 1990 where there were1/2 as many jobs and office buildings
yea tats true...but bad is still bad...=O
Old Feb 10, 2009 | 10:49 PM
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it is over exaggerated at times but california is looking the worst
Old Feb 10, 2009 | 10:51 PM
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Originally Posted by wocabin
it is over exaggerated at times but california is looking the worst
no need to worry I heard the Ebay lady is going to be running for Gov.
Old Feb 11, 2009 | 04:25 AM
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the other problem with the jobs losses is that these are only the reported job losses.. Remember there are a load of people working under the counter that are losing the jobs too and I am not just talk about illegals.

hold on tight guys its going to be rocky, but we will survive!!
Old Feb 11, 2009 | 07:57 AM
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Old Feb 11, 2009 | 08:02 AM
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Thats bad ,very bad
Old Feb 11, 2009 | 08:24 AM
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that is pretty bad...
Old Feb 11, 2009 | 08:49 AM
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Yeah, the economy seems to be burning to ash, but that graph is conveniently alarmist by omitting all the other years that dip at or below the current recession.



Old Feb 11, 2009 | 09:18 AM
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sweet i like the second set of graphs
Old Feb 11, 2009 | 09:24 AM
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i expect to see the current trend line to look more drawn out and protruded like the two most recent recessions. we continue to introduce more and more leverage in to the system and it takes that much longer for recovery. don't expect a snap back, especially with the treasury taking on more leverage.
Old Feb 11, 2009 | 10:41 AM
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Old Feb 11, 2009 | 10:54 AM
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Originally Posted by Krinkov
sometimes you can hear all the talk on the news, but you need to visualize it to understand how bad the recession is getting. Hope all you guys stay safe if you got a good job, its gonna get alot uglier

Fortunately that graph is basically bunk, because its not corrected for population.

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