Comments on: When will the Recession End?

By: blu gress

blu gress — Thu, 14 Jan 2010 03:13:51 +0000

This recession has been the worst one since 1929!! The BS.this goverment has dished out to the public is a poor excuse,to all of us.With taxes going up,the
unemployment sky high,and the housing at a all time high for forecloser,What does OBAMA think?First we have the asshole GW Bush,he was bad enough
putting us into debt and war.But shit the president we have now,we our all in
deeper trouble then we have ever been before!!OBAMA said CHANGE.Well
guess what,we OUT him by 2012,or we will never see the light of day.it’s all very
scary,what kind of futue do we have????War and nothing!!

By: illi

illi — Fri, 01 May 2009 13:02:06 +0000

I feel that recession is still going to reduce by 2009 end .

By: DR

DR — Sat, 07 Mar 2009 17:41:13 +0000

This article was featured in the carnival of personal finance: http://www.freemoneyfinance.com/2009/03/carnival-of-personal-finance.html

By: Rhonda Sherwood

Rhonda Sherwood — Fri, 06 Mar 2009 07:01:47 +0000

Financial and economic factors led us into a recession but the media and its over the top, jaded and sometimes purely false reporting are responsible for its depth.

By: Monevator

Monevator — Sat, 28 Feb 2009 10:15:31 +0000

I agree with Amber that to some extent – from a consumer perspective the Credit Crunch is now a return to sensible lending. The actual credit crunch though is banks and others not lending to each other (albeit again because they mutually realised that none of their fellows were wearing any pants).

Total guess: With all the money coming into the economy I think we’ll get a technical end to the recession within 6-12 months, but the price will be shallow stop-start growth for a years. But nobody really knows of course. Best to plan as if you don’t.

By: Amber

Amber — Sun, 22 Feb 2009 18:51:24 +0000

Are you high? This is the lamest economic article I’ve read all year. The recession is no where near ending. It won’t be close until at least 2011 or 2012. All you need to know to see that is the number of Alt-A and Option ARM resets which are coming in 2010 and 2011. Until all the morons who bought more house than they could afford are booted from their fantasy island, the recession won’t be over.

Oh, and the “credit crunch” is a myth. If you have good credit, a job and little debt, you can get all the financing you want. Look at the TED spread. Banks are lending to each other now, and they’re lending to CREDIT WORTHY consumers. So people who have H2 Hummers on a lease and only make $40k a year in Southern California can’t get home financing. Whah. That’s the way it should be.

By: Chiko777

Chiko777 — Fri, 20 Feb 2009 13:08:52 +0000

I think the recession will end when people change their mindset about the economy. Most of the recession is mental. If people in America get together as a whole and work towards a better future instead of pointing out each others wrongs, then we will only be about 3 months away from the end of the recession.

By: Scott @ The Passive Dad

Scott @ The Passive Dad — Fri, 20 Feb 2009 06:42:41 +0000

I sure hope we come out of this soon, but I would say that some areas of the country will be hit harder compared to NYC or large metropolitan cities. States that have large exposure to car manufacturing appear to be hit hard with this recession and may take longer to emerge. It would be wonderful to see new growth opportunities in hybrid vehicles or green solar to offset these job loses and bring us back to growth again.

By: Craig

Craig — Wed, 18 Feb 2009 21:01:17 +0000

A lot of so called experts say around the summer. They keep saying things will get worse before better, and they have. Granted that might just be a way to save their owns butts. It has been going on for some time but with changes being made, you would think that a few months down the road we should start to see things get progressively better.

By: Jeff@StretchyDollar.com

Jeff@StretchyDollar.com — Wed, 18 Feb 2009 14:45:46 +0000

I hope history comes through again and this whole thing begins to stabilize in the next three to six months. I don’t know, though, I wonder if factors that weren’t present in previous recessionary times are going to hurt us this time around. I sure hope not.