silatix 0 Report post Posted September 18, 2008 opinions? Quote Share this post Link to post Share on other sites
adam_etypical 0 Report post Posted September 18, 2008 Quote Share this post Link to post Share on other sites
laughingcolors 0 Report post Posted September 18, 2008 DON'T WORRY ! THE ECONOMY IS "FUNDAMENTALLY" SOUND Quote Share this post Link to post Share on other sites
b_foote1 0 Report post Posted September 18, 2008 Quote Share this post Link to post Share on other sites
jan 0 Report post Posted September 18, 2008 Wait until Mc Cain starts WWIV... Quote Share this post Link to post Share on other sites
the_Monkey 8 Report post Posted September 18, 2008 What are you talking about? The economy is great! ! -m Quote Share this post Link to post Share on other sites
silatix 0 Report post Posted September 18, 2008 With what money.. No ones even buying our debts. Maybe we could pillage canada (sorry canada). Wait until Mc Cain starts WWIV... Quote Share this post Link to post Share on other sites
igorschmigor 2 Report post Posted September 18, 2008 WWIV? We haven't even had WWIII yet. Or did I miss it? Quote Share this post Link to post Share on other sites
microdot 0 Report post Posted September 18, 2008 Been thinking about this lately, interested to know how many of you think our industry and jobs are 'fundamentally sound'. I know that even in dire times, the public needs the 'bread and circuses' to stay sane and entertained, and as such, many of us would retain work. But I have to imagine that some of us might end up (and aren't above) pumping gas, or taking a career cut of some sort, IF the shit hit the fan. Thoughts? Quote Share this post Link to post Share on other sites
silatix 0 Report post Posted September 18, 2008 i cant imagine anyones job is safe.. as a freelancer im just wondering when the market is gonna dry up. or maybe its just gonna be more last minute projects with as few bodies as possible Been thinking about this lately, interested to know how many of you think our industry and jobs are 'fundamentally sound'.I know that even in dire times, the public needs the 'bread and circuses' to stay sane and entertained, and as such, many of us would retain work. But I have to imagine that some of us might end up (and aren't above) pumping gas, or taking a career cut of some sort, IF the shit hit the fan. Thoughts? Quote Share this post Link to post Share on other sites
beau+++ 0 Report post Posted September 18, 2008 Maybe we could pillage canada (sorry canada). Some people think it's already in the works. Quote Share this post Link to post Share on other sites
aspekt 0 Report post Posted September 18, 2008 i think this industry will take a big hit if the shit really hits the fan. we all depend on large corporations in one way or another. advertising will be the first thing to get cut from their budgets. Quote Share this post Link to post Share on other sites
Albert Omoss 0 Report post Posted September 18, 2008 (edited) Subprime Primer That cartoon does a really good job of explaining why our economy is in the position its in. Don't mind the terrible artwork, there's some good information in there. Edited September 18, 2008 by Albert Omoss Quote Share this post Link to post Share on other sites
Duder 0 Report post Posted September 18, 2008 Quote Share this post Link to post Share on other sites
supaidaaman 0 Report post Posted September 18, 2008 A lot of our clients have had noticeable budget cuts over the last 5 months. They are either cutting back or going with much cheaper/crappy work. Quote Share this post Link to post Share on other sites
mete_shop 0 Report post Posted September 18, 2008 well regardless of what happens, save save save your money. don't get yourself in debt for a car or house or a big move. the best strategy is to consolidate your resources, hope your bank doesn't collapse (get the f away from Washington Mutual) and weather the storm. We'll come out of this as we always do, with many casualties among the poor. but the well-to-do (us) usually have enough flexibility to survive. Quote Share this post Link to post Share on other sites
silatix 0 Report post Posted September 18, 2008 wamu is fine as long as you have under 100k.. well regardless of what happens, save save save your money. don't get yourself in debt for a car or house or a big move. the best strategy is to consolidate your resources, hope your bank doesn't collapse (get the f away from Washington Mutual) and weather the storm. We'll come out of this as we always do, with many casualties among the poor. but the well-to-do (us) usually have enough flexibility to survive. Quote Share this post Link to post Share on other sites
RVA8 0 Report post Posted September 18, 2008 The firm I work for deals primarily with the financial services industry, namely small to large brokerage houses and clearing firms. So we've heard plenty about this subject. There's a lot of concern but we haven't seen any significant budget cut backs yet. Personally, I'm waiting for the other shoe to drop. Quote Share this post Link to post Share on other sites
spirozero 0 Report post Posted September 18, 2008 The Dow ended 409 points higher today. I think the worst is over. Quote Share this post Link to post Share on other sites
lam442 0 Report post Posted September 18, 2008 It should get better. I Read that banks around the world are putting billions of dollars into world economy to motivate investors. It should make a difference. Here's the link: http://money.cnn.com/2008/09/18/news/econo...banks/index.htm Quote Share this post Link to post Share on other sites
the_Monkey 8 Report post Posted September 18, 2008 The Dow ended 409 points higher today. I think the worst is over. Oh really? I thought the worst was when the US taxpayers had to ACTUALLY PAY the half Trillion USD that the Congress used to bail out Freddie Mac, Fannie Mae, AIG, Bear Stearns, etc. Where the f*ck is MY bailout?! -m Quote Share this post Link to post Share on other sites
silatix 0 Report post Posted September 18, 2008 We're both screwed.. residents of ny state half to suffer for wall streets failures. thats what happens when an entire state relies on one streets earnings. Oh really?I thought the worst was when the US taxpayers had to ACTUALLY PAY the half Trillion USD that the Congress used to bail out Freddie Mac, Fannie Mae, AIG, Bear Stearns, etc. Where the f*ck is MY bailout?! -m Quote Share this post Link to post Share on other sites
Guest Sao_Bento Report post Posted September 18, 2008 wamu is fine as long as you have under 100k.. 1. The story is that the FDIC does not have enough funds to cover the guarantees it has made 2. If you do a little research on WaMu, you'll see that they're pretty shady to begin with. 3. If it was me, I'd definitely bail. I'm waiting for Govinda to explain the new depression away . . . Quote Share this post Link to post Share on other sites
aspekt 0 Report post Posted September 18, 2008 Oh really?I thought the worst was when the US taxpayers had to ACTUALLY PAY the half Trillion USD that the Congress used to bail out Freddie Mac, Fannie Mae, AIG, Bear Stearns, etc. Where the f*ck is MY bailout?! -m yeah seriously. we're the ones footing the bill for all this. while all those CEO's are gliding down on their golden parachutes. Quote Share this post Link to post Share on other sites
Duder 0 Report post Posted September 18, 2008 (edited) I'm thinking of moving to Alaska so I can sleep with the oldest Palin daughter. http://gov.state.ak.us/photos/PalinFamily_Outside_v01.jpg Edited September 18, 2008 by Havok.Dzn Quote Share this post Link to post Share on other sites