Christopher S. Penn's Awaken Your Superhero - Latest Comments in 2008 Recession or Depression is Likely

Re: 2008 Recession or Depression is Likely

UK Mortgage Broker — Tue, 03 Jun 2008 09:28:59 -0000

In the UK, we pay £1.20 per litre for petrol and £1.30 per litre for diesel, this works out at $10.50 and $11 respectively. People are really feeling the pinch but the government seems oblivious. 75% of that is tax, despite petrol prices doubling and therefore tax revenues doubling, the government are still hell bent on increasing the level of taxation, work that one out. Our housing market is also in trouble and there are several banks that are just scraping by, a deep recession will hit us very hard!

Re: 2008 Recession or Depression is Likely

Fast — Mon, 21 Jan 2008 05:05:23 -0000

A big bubble is always followed by a big bust. The bigger the party the bigger the hangover - then Depression sets in. Who started the bubble? Alan Greenspan.

Re: 2008 Recession or Depression is Likely

Matthew Ebel — Tue, 20 Nov 2007 12:53:48 -0000

Have I mentioned how glad I am that I create a product entirely from scratch, in the US, and export it to other countries? And that I don't have to drive unless I'm on tour? And that music has always been a valuable commodity even during the great depressions of human history?

Now if I only had some cash to sit on, I'd feel a lot more confident about all that crap. ;)

Re: 2008 Recession or Depression is Likely

Michael Heister — Sun, 18 Nov 2007 23:41:44 -0000

Please be wrong. Please.