I know people like BYU71 think there will be no recession - cougarguard.com — unofficial BYU Cougars / LDS sports, football, basketball forum and message board

MikeWaters · 06-30-2008, 03:43 AM

much less a more significant dowturn, but everything I see points to bad, bad, bad.

http://www.nytimes.com/2008/06/29/op...54b&ei=5087%0A

Weak dollar is killing us. Absolutely killing us. It is driving up the price of oil. Our lack of savings--read the article.

Imagine if we have a bad crop cycle next year, due to global warming, or el nino, or just plain bad luck.

Absolutely disaster. Imagine if avian flu jumps. Worldwide economic collapse as goods don't travel from the West to the East.

I hope BYU71 is right, but man, you would be a fool not to plan for a significant downturn coming up in the near future.

But I know most of you consider me an idiot, a chicken little. That's fine. I'll do what I think is right.

06-30-2008, 03:43 AM	#1
MikeWaters Demiurge Join Date: Aug 2005 Posts: 36,365	I know people like BYU71 think there will be no recession much less a more significant dowturn, but everything I see points to bad, bad, bad. http://www.nytimes.com/2008/06/29/op...54b&ei=5087%0A Weak dollar is killing us. Absolutely killing us. It is driving up the price of oil. Our lack of savings--read the article. Imagine if we have a bad crop cycle next year, due to global warming, or el nino, or just plain bad luck. Absolutely disaster. Imagine if avian flu jumps. Worldwide economic collapse as goods don't travel from the West to the East. I hope BYU71 is right, but man, you would be a fool not to plan for a significant downturn coming up in the near future. But I know most of you consider me an idiot, a chicken little. That's fine. I'll do what I think is right.