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When is the bottom?
U can't have a bottom w/o a recession n00b 3%  3%  [ 1 ]
Already hit it, people are just slow on the uptake 3%  3%  [ 1 ]
We're about there 13%  13%  [ 4 ]
Meh, we've got a ways to go yet 30%  30%  [ 9 ]
Well we can't stop here - This is bat country! 7%  7%  [ 2 ]
There is no bottom - humanity is screwed 7%  7%  [ 2 ]
Took a year to notice we're in a recession; can't say till we're long out 17%  17%  [ 5 ]
Other/Don't care/show me the results/I'm indecissive 20%  20%  [ 6 ]
Total votes : 30

Sand
Veteran
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01 Apr 2009, 8:20 am

ThisisjusthowItalk wrote:
The unemployment rate hasn't reached the levels that it was at during the presidency of Ronald Reagan, and the Dow Jones, if you consider that to be a bellwhether, has been enjoying a rally of late. We have a number of healthy nanotech start-ups, and the development of the technology is coming along very well so far; within a few years, we should enjoy a boom as a result of growth in that sector of our economy.

Furthermore, the US was, until recently, the only country in the world that produced a true electric sport car, and the competition is heating up. Once there are enough such automobiles on the road, the consumer will do most of the dirty work: we will begin to phase out the old petrol sippers once and for all. More presently, the USA should lead in the market for many years to come, which should create millions of jobs for Americans.

I think that I can reasonably conclude, at the very least, that the worst is over as far as this recession. I also predict that we will remain at about where we are presently until the market has begun to heat up again.


Wow! What an opportunity to throw all your savings into GM and Chrysler stock!



ThisisjusthowItalk
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01 Apr 2009, 11:27 am

Sand wrote:
Wow! What an opportunity to throw all your savings into GM and Chrysler stock!
Slight taken. That's strike one. I suggest Tesla Motor, though, which has the enthusiastic backing of Larry Page. He also put down a 2.75 million-dollar investment in Aptera Motor. I haven't had a chance to study Detroit Electric's business model, though, so the jury, in that case, is still out.

I intend to snag an Aptera just as soon as they come down in price. If you haven't seen it yet, fire up that google. It is perhaps the sexiest car that I have ever seen.