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60% think a Depression is likely: http://money.cnn.com/2008/10/06/news/ec ... /index.htm
Cheers . . .
Cheers . . .
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Yeah, that Jeremiah Wright can cause anything... -
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What is the distinction between a depression and a recession. And do those being polled know?Comment
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How is this economic "news"?Comment
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Someone once defined a recession as when other people are affected and depression as when you are affected.Originally posted by DaisyComment
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Isn't the main distinction the percentage of the unemployed?Originally posted by lonewolf"A beautiful theory killed by an ugly fact."
by Thomas Henry HuxleyComment
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You're right. It is a recession when the other guy is unemployed - it is a depression when you are unemployed . . .Originally posted by PegoComment
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Yikes!!!! I have been in a recession for 35 years without realizing it.Originally posted by bad hammyComment
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I've seen your resume - you have been far from unemployed, in the sense of being out of work . . .Originally posted by lonewolfComment
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[quote=bad hammy]I've seen your resume - you have been far from unemployed, in the sense of being out of work . . .[/quote:2f8jof6f]Originally posted by lonewolf
Where does one get to read lonewolf's resume? It sounds like a good read
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I'm not giving that one up. Maybe you can PM lonewolf. It is fascinating reading, making the rest of us look like lazy-assed losers . . .Originally posted by rasbWhere does one get to read lonewolf's resume? It sounds like a good readComment
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He's a lot like a friend of mine, who is only employed occasionally. He buys companies, gets them on solid footing, sells them for 3 times what he paid, and goes on a 2-year vacation. He could have retired at 50, but this is his hobby . . . :roll:Originally posted by bad hammyComment
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No, Lonewolf and Pego are like Gandalf from the Hobbit.
http://www.council-of-elrond.com/castdb ... white6.jpgphsstt!Comment
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Hey, I would like to read that resume myself.. My kids keep asking what the hell it is I do and I don't have an answer.
Actually, I have been "self-unemployed". as we say, since age 42ish, at which time I was ushered out of pretty cushy corporate oil bizniz job, accompanied by much praise and a "lead parachute", when a bigger fish gobbled up my mid-major employer. I got busy finding my own oil and just never had time to find another job.
I am curious about how stuff gets on the internet. While googling something entirely unrelated recently, I chanced on a cache of hundreds of confidential, internal documents, letters, financial records , excel spread sheets, e-mails, etc from the period 1998-2002 for a privately owned publishing company I sold in 2002. These documents are not even on my computer hard drive. The company was never in a legal action that might have compelled discovery. The only other person privy to these records (the buyer) was aghast that these records were on the net and denied any knowledge of how this could have happened. I believe her.
I have been unable to deliberately find the google entries again to see if I could get them deleted.Comment
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There have to be some perks with being a septugenarian. (sounds better than nearing the end of eight decades of life)Originally posted by SQUACKEEComment
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