How can we stop this?

[lordspace]

Solutions: Innovations and removing the products that are not favoured by the market.
Actually companies should have foreseen this and be prepared.
It's a little bit late.

[Natural Elements]

Originally Posted by lordspace

Solutions: Innovations and removing the products that are not favoured by the market.
Actually companies should have foreseen this and be prepared.
It's a little bit late.

Innovations means investements which is pretty hard right now.

Removing products is a loss which can put weight on reducing your cash flow or your gross revenue.

With my little experience in retail, I can tell you that each product has a different sales rate. Some products just don't sell.

[babbelon]

you are 100% right but the unfortunate fact of the matter is, we are still stuck in this mess.

[Dustin07]

This recession is nothing new.

Its not nearly as bad as the Great Depression. nowhere near.

It's not yet as bad as the S&L crisis of the late 1980s. Can you believe only 20 years have passed since then and already we act as though this has never happened before?


Remember when oil prices were going to hit $200/barrel and STAY THERE?


please............ same game just a different day.


the recession sucks, thats for sure.... but we'll pull through. the whole world will.


Obama's stimulus plan is very similar to FDR's. It's not the BEST solution, but it's a solution and it will have an impact. Unfortunately the impact will come at a significant cost. a better solution would have been to focuse heavier on innovators and manufacturers as it is our innovators and manufacturers who build our jobs, train our employees, create our defense systems (think tech, tanks, planes, guns, missles, etc) and the assets that they would acrue would help curb the next recession.


we are not in a downward spiral. we are in a correctional period.

who thought that a $50k average household income could afford a $500k house anyways?

[rabble]

I watched the Obama address today where he outlined the plan his administration is putting into motion to help the mortgage foreclosure situation and it sounded somewhat reasonable to me.

Least he isn't putting his 300 billion from the Wall Street rescue plan straight into the hands of bankers. It seems a little complicated and a bit too voluntary of banks and other mortgage holders. Still, there was also talk of fixing the bankruptcy laws as I've been suggesting.

So ... again it seems Obama, although overly cautious for my taste,
seems to be on the right track.

[WhatsLeft]

It was hard to believe all the dumb things Obama did his first three weeks, and I noted in my past posting in threads, that I thought he could brighten up a little after finally getting at least some experience. I think that may have happened.

His announcement of having a plan to help homeowners not lose their houses in foreclosure is only fair. After all, the Democratic Congress refused to put regulations on Fannie Mae and Freddie Mac when they were going out of control with loans. I can't say anything about the details of the plan, but at least it's an effort to make up for the lack of past action from a Democratic Congress.

On Sunday, I saw an interview with Obama's senior adviser, Axelrod, and when asked if he would simply say Obama will not pursue the Fairness Doctrine, he refused. He said Obama had to look it over. But I saw a headline today saying Obama has declared he's against it. That's very good!!! But who knows if we can trust what he says. In Jerusalem he said he would not let the city be divided. Then, the next day it was explained to him that he just ruined his chances of getting along with the Palestinians. So then, he immediately said he only meant he would not use barb wire to divide it. It's a problem how he has a different meaning every day for what he means.

And when our commanders in Afganistan called up 30,000 to 33,000 more troops to meet increased Taliban attacks, Obama refused to let them go. But now he actually has let 17,000 go. So that's an improvement. It's only half as dumb as his first order.

Maybe there is some kind of hope yet. Who knows?

[Dustin07]

all I know is I want my $13.

[Natural Elements]

I guess we cannot stop this yet:
http://money.cnn.com/2009/02/20/news...ion=2009022012

[rabble]

nor should we.

[Justice O. Omorodion]

Everybody get to work in order to stop it...

[crawler]

Global recession are just starting...My sister who is working in the US actually seen the effect of this economic crisis, but fortunately she's not belong to those who got kicked off to their job.

[riternity]

we cant stop them

[antirem]

Listen to the libertarian economists for once would stop it.

[seo_newbie]

we cant stop it
its not in our hands

[rabble]

I believe yesterday was Obama's 100th day and I had decided to give him a pass until then.
All I can say is ... the man is cautious. Very cautious. Overly cautious. And, to the extent that obvious
caution gives average americans more confidence things will be alright eventually,.it aides the economy.
After all, money is all based on good faith and confidence.

More power to Obama for continuing the confidence game.
All indicators still show the economy in decline and the economy can be likened to a plane in free fall.

At least Obama has the masses back in their seats and we've stopped screaming.
I hope the calm offers time for great minds to figure something out.

I believe the answer lies in a redefinition of the nature of what constitutes profit in the 21st Century.

[nancyeben]

It is very bad news, i can't stop global recession

[Natural Elements]

Here what next:
Fiscal ruin of the Western world beckons
http://www.telegraph.co.uk/finance/c...d-beckons.html

[Natural Elements]

"We are talking with more clients who have never had serious financial difficulty before in their life,"

All fall and winter business was "going down, down, down when it should have been busy, busy, busy,"

http://www.npr.org/templates/story/s...79&ft=1&f=1006

[Natural Elements]

Jobless claims in surprise rise
http://money.cnn.com/2009/08/20/news...ion=2009082008

[Natural Elements]

Unemployment Hits 13.1 percent in Las Vegas
http://www.kolotv.com/home/headlines/53938547.html