Page 122 of 429 FirstFirst ... 2272112120121122123124132172222 ... LastLast
Results 1,211 to 1,220 of 4281

Thread: Recession of 2008 and impact on the DR

  1. #1211
    On Probation...
    Join Date
    Sep 2009
    Posts
    644
    Post Thanks / Like

    Default

    Ok, here we go again. NOW, I like Ikea and big gas-guzzling SUVs, BUT still many of these things are not economic indicators guys. It's more of a fashion mode. The same 5% will be the ones with the majority purchasing power. Economic growth is based on SO much more than retail expansion (although it's a prime indicator). I just don't see the expansion. I see the drug cash ladened in banks across the country and in people's pockets, but the same percentage of the population remains in deep poverty and the middle class simply CANNOT generate enough income to shop at PriceSmart or Ikea. Salaries across the board have NOT moved in years.

    I am so confused Pichardo. I know you read the book "How to lie with Charts" --

    Even though superior info on the import tax and the new cars!

  2. #1212
    Platinum
    Join Date
    Jan 2002
    Posts
    16,246
    Post Thanks / Like

    Default

    Quote Originally Posted by El Rey de Mangu View Post
    . I see the drug cash ladened in banks across the country and in people's pockets, but the same percentage of the population remains in deep poverty and the middle class simply CANNOT generate enough income to shop at PriceSmart or Ikea. Salaries across the board have NOT moved in years.

    I am so confused Pichardo. I know you read the book "How to lie with Charts" --

    Even though superior info on the import tax and the new cars!
    What do you mean by salaries across the board have not moved in years- explain?

  3. #1213
    Regular
    Join Date
    Mar 2009
    Posts
    321
    Post Thanks / Like

    Default

    Quote Originally Posted by El Rey de Mangu View Post
    superior info on the import tax and the new cars!
    Only NEW ones? Not applied to used autos?

  4. #1214
    Banned
    Join Date
    Nov 2009
    Posts
    3,364
    Post Thanks / Like

    Default

    Quote Originally Posted by Afgan View Post
    Was this nice fact oficially announced somewhere, somehow, by somebody?
    yep. the week before Thanksgiving it was announced by the US Chamber of Commerce. The Recession is over based on 2 consecutive quarters of growth of the DJIA.

  5. #1215
    Regular
    Join Date
    Mar 2009
    Posts
    321
    Post Thanks / Like

    Default

    Quote Originally Posted by RacerX View Post
    yep. the week before Thanksgiving it was announced by the US Chamber of Commerce. The Recession is over based on 2 consecutive quarters of growth of the DJIA.

    So, we are again rich and happy?

    What a relief!!!

  6. #1216
    Regular
    Join Date
    Dec 2009
    Posts
    121
    Post Thanks / Like

    Default

    Quote Originally Posted by Afgan View Post
    So, we are again rich and happy?

    What a relief!!!
    Well hold there a minute. There's a difference between recession and recovery. We are merely entering the recovering phase, the market is not falling but is not rising as quickly as we would like. Unemployment is still on the rise and it may be so for next six (6) months or perhaps longer...so hold on to your can under the mattress.

  7. #1217
    On Probation...
    Join Date
    Sep 2009
    Posts
    644
    Post Thanks / Like

    Default

    Quote Originally Posted by Willowtears View Post
    Well hold there a minute. There's a difference between recession and recovery. We are merely entering the recovering phase, the market is not falling but is not rising as quickly as we would like. Unemployment is still on the rise and it may be so for next six (6) months or perhaps longer...so hold on to your can under the mattress.
    I'm sorry, but to WHAT COUNTRY are you referring? Or are you speaking on a global scale. This debate is geared toward the global (and US) recession's effect on DR (if any).

    Where are PedroChem, Cobra and Pichardo???

  8. #1218
    Regular
    Join Date
    Dec 2009
    Posts
    121
    Post Thanks / Like

    Default

    Reading Suggestion - This is an article from The Economist (11/13/09)

    United States: Square-root reversal | The Economist

  9. #1219
    Regular
    Join Date
    Dec 2009
    Posts
    121
    Post Thanks / Like

    Default

    Quote Originally Posted by El Rey de Mangu View Post
    I'm sorry, but to WHAT COUNTRY are you referring? Or are you speaking on a global scale. This debate is geared toward the global (and US) recession's effect on DR (if any).

    Where are PedroChem, Cobra and Pichardo???
    Pardon me??? I'm confuse. If I understand your question correctly, your just speaking about how the global recession had an effect in DR's economy? is this what your telling me?

  10. #1220
    Regular
    Join Date
    Dec 2009
    Posts
    121
    Post Thanks / Like

    Default

    I just realize how OLD this post is!

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •