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economy in crisis..


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#1 silatix

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Posted 18 September 2008 - 04:58 PM

opinions? :blink:
it's like theres a party in my mouth, and everyone's vomiting

#2 adam_etypical

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Posted 18 September 2008 - 05:07 PM

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#3 laughingcolors

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Posted 18 September 2008 - 05:36 PM

DON'T WORRY ! THE ECONOMY IS "FUNDAMENTALLY" SOUND

#4 b_foote1

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Posted 18 September 2008 - 06:27 PM

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#5 jan

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Posted 18 September 2008 - 06:41 PM

Wait until Mc Cain starts WWIV...

#6 the_Monkey

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Posted 18 September 2008 - 06:43 PM

What are you talking about?
The economy is great! Ask Hannity!

-m

#7 silatix

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Posted 18 September 2008 - 06:46 PM

With what money.. No ones even buying our debts. Maybe we could pillage canada (sorry canada).

Wait until Mc Cain starts WWIV...


it's like theres a party in my mouth, and everyone's vomiting

#8 igorschmigor

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Posted 18 September 2008 - 07:07 PM

WWIV? We haven't even had WWIII yet. Or did I miss it?

#9 microdot

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Posted 18 September 2008 - 07:14 PM

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?

#10 silatix

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Posted 18 September 2008 - 07:19 PM

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?


it's like theres a party in my mouth, and everyone's vomiting

#11 beau+++

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Posted 18 September 2008 - 07:26 PM

Maybe we could pillage canada (sorry canada).


Some people think it's already in the works.
"Don't be a drone or a robot. Don't treat this like a McJob. Be a personal chef. Be a landscaper, custom tailor, architect. Be a designer, for fuck's sake." - Binky

#12 aspekt

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Posted 18 September 2008 - 07:27 PM

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.

#13 Albert Omoss

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Posted 18 September 2008 - 07:38 PM

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 by Albert Omoss, 18 September 2008 - 07:39 PM.


#14 Duder

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Posted 18 September 2008 - 07:47 PM

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#15 supaidaaman

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Posted 18 September 2008 - 07:47 PM

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.

#16 mete_shop

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Posted 18 September 2008 - 07:53 PM

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.

#17 silatix

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Posted 18 September 2008 - 08:01 PM

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.


it's like theres a party in my mouth, and everyone's vomiting

#18 RVA8

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Posted 18 September 2008 - 08:03 PM

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.

#19 spirozero

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Posted 18 September 2008 - 08:47 PM

The Dow ended 409 points higher today.

I think the worst is over.

<_<

#20 lam442

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Posted 18 September 2008 - 09:17 PM

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...banks/index.htm




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