Just when we had hope that we wouldn't have to hear the term recession for a few years........ hmmm, well it appears that the term is back. Read this article to find out what the experts are talking about. Why do economists believe that we could be heading into another recession? What specifically do they list as possible factors? What is your opinion of this article and its contents? and how might this impact you and your family or town?
This article is due, August 26th.
91 comments:
Anonymous
said...
"The risk of a recession is now about one in three," according to Morgan Stanley and Bank of America Merrill Lynch.
If we where to slip into another recession it would be horrible for my family. We barley dug ourselves out the first one just to be pushed further down a whole . 2 steps forward and 10 steps back.
"Discouraging economic data from around the globe have heightened fears that another recession is on its way"
if we go into another recession it is going to be even harder to bounce back from this recession what is the us going to do to stop the new recession thats on its way?
Economists believe we could be heading for another recession, because of the economic weakness and the stock markets wild swings. The growth percentages declining in the german and french economies. I personally think we've had a good run. This will probably impact us greatly, but again, we've had a good run.
Seeing and knowing that we might be slipping into another recession is depressing . Its hard to know that what once has happend already is going to happen again is hard to believe what are we going to do to try to prevent it
it about thee economic weakness and the stock market wild swing..It very emotional how it already happen and it going to happen again.If it does impact us i had a great awesome life going on here.
Going through a recession is probably the hardest thing a country can go through. We just survived one recession and now we might be going back to having another recession. To hear this is frightening because a lot of things were lost in this recession and it has affected millions of people across the country. Gas prices are high, jobs are needed, health care is being cut down or completely taken away from workers, even food at the groceries have risen in price. I don't know how we could survive another recession. If we slip into another recession I can't even begin to imagine what will happen to this country. I hope we find a way to keep us from another recession.
Knowing that we might be slipping into another recession is bad news. Last time was very hard for everyone. People are now just recovering from the last recession so that makes this recession even worst.
i think we need to take it day by day and the government should stop spending tax money and start using it for better stuff and they need to start to selling homes
"The risk of a recession is now about one in three," according to Morgan Stanley and Bank of America Merrill Lynch.
If we where to fall into another recession it would be bad for my family. We barley crawled ourselves out the first one just to be pushed further down a whole .
"We are not ready to say this is the death knell for the U.S. economy"
If the U.S. has to go through another recession this one would be harder to get out of because many people are just now starting to rebound from the last recession.
i think that the Goverment just needs to sit down and think together, forget parties, they jus need to work together and try to figure this out cause all of us Americans are suffering more and more everyday so this needs to change, we need a change!!
"The risk of a recession is now about one in three," according to Morgan Stanley and Bank of America Merrill Lynch.
I don't know what my family would do if the United States were slipping into another recession. . The last one hit my family hard, my grandparents lost there jobs, which resulted in them losing their house. The U.S needs to watch the spending. . A lot of families i know are just now recovering from the last one, & it would hit them twice as hard this time. . & now they are saying the recession is 1 in 3. I think it's going to happen again .
knowing another recession could happen is well scary. more people will lose their jobs, more people will lose there homes. The artical stated "we are not ready to say this is the death knell for the U.S. economy" even tho they cant say it is or not the chance that it could happen is whats scary.
I felt that this article was frightening, It showed that the U.S. is not the only country struggling with their economy. The statement, "The number applying for benefits rose 9,000 last week." This is frightening because the government will not be able to fund such an increasing group of people. This makes me picture more homeless, starving, and sick people. It also makes me worry we are headed towards another Great Depression.
Knowing an believing that another recession is coming is very freighting. Just to know that it might be back for a second time is like saying good bye to the U.S.
How will we defend ourselves this time with what weapons, what protection, we are not strong enough to take the recession on but even if we try i think that still with that most of the U.S. will be gone.
"Discouraging economic data from around the globe have heightened fears that another recession is on the way."
I've never personally been through a recession, but if the U.S did go through another recession then it would be hard. It's already hard enough for people to make it now.
I don't remember being in a recession, because at the time my parents had very good paying jobs. So it wasn't as hard for my family back then as it was for most. But I believe the governments all need to get there acts together and figure the problems out.
i dont really remember the last recession because my parents have well paying jobs. i remember seeing things on the news about it but it never really effected me... i believe that if we go into another one then it will be really bad for everyone no matter your age or anything. we need to get our stuff together in this great country.
I think we are heading into another recession. I hope it doesn't lead into a depression. The economics and the stock market wild swings have caused consumer and business confidence to erode make all of us spend less money for a recession.
I believe we are going into another recession. Economists say that the stock market is plummeting and many people are without jobs and on welfare. Hopefully things get better, but I know they wont.
A recession is always bad new. Especially if your laid off of work or have low income. People can barely help themselves now a days.It would be a struggling time for most people.
We are heading into another recession because people dont save people arent caring for the world. All everybody do is want and want and to buy anything and everything. Spend money on unnecessary food products.
i believe that we are going into another recession because to main people are living off the government like welfare and stuff and the government is wasting their money helping people that sit around with no jobs
"The ECB said Thursday that one bank had borrowed $500 million a day for seven days through the ECB's dollar lending program. It was the first time since February that a bank had used the program. The bank wasn't identified".
How or why hasn't the bank that has been "borrowing" money from the ECB been identified? Without the bank being identified, then how will they fix the problem? Also I've noticed that they are able to discover that the money was being borrowed to a specific bank but yet the bank has not been identified. I hope that the bank is identified so this situation can be fixed.
We're heading into a recession because of the people in america spending their money on useless stuff and not using money to pay off bills or debts. The government is also to blame because of there choices on spending the country's money.
"The risk of a recession is now about one in three, according to Morgan Stanley and Bank of America Merrill Lynch." I think that this is scary and I hope we don't.
The Government is Just The Right People To Borrow Alot Of Money.. Who Borrows $500 Million, A Day For 7 Days Threw The ECB, Doesn't Pay It Back. They Are Just Crooked... Woww.
If European banks are being forced to pay more for the short-term loans they need to finance day-to-day operations than you can Tell that money is low.
Well, Obviously we have done something wrong again. The first time this has happened to us we looked at what was happening and corrected ourselves. They said that it was never gonna happen again. This is what happens when our government spends to much time doing their own thing and not listening. They think just because they work for the government they need to sit their and not do anything. Just watch the days roll by. Guess what? the people of this country cant just get up and do what they want to fix it. It just does not work like that. Im not saying that its all the governments fault either. The people know how our economy is going right now. Still people decide to use wasteful spending. such as Giant t.v.s, cell phones, ipods, stuff we really do not need. If the people really wanted to help make a difference they would get up and try. It takes more than 1 to change this country's economy. So basically, The people and the government need to start working more together in order to fix where our economy is headed.
if the US went into another recession then i don't know what my family or anyone would do. I know so many people with families saying it's so difficult just to get by as of right now, I couldn't imagine if the people saying those things lost their jobs and had no income at all coming into their household. The US really needs to find a way to fix things like this, But really when will that happen?
if the recession continues many good people who try to get forward and provide for their families wont be able to do so. People have already lost jobs that they desperately need to keep to not be homeless or broke. The single mothers thats the only thing they have is a job what are they going to do? If the recession continues people will resort to violence, we will have riots,killing,and people will start stealing everything, so they will have to find a solution now!
Economists believe a recession is coming back because of the weakening of stock sales and home sales. The number 3 economy in the world (China) has weakened because of the earthquake.
If we have another recession it would hurt a lot of people, especially the people who have worked hard to get out of the last recession.
I feel like recessions are bad in general and if we go through another it will be worser than the one that we had before because the economics in the world is horrible now and if we go through a recession it will just get worse and worse
"Fresh evidence emerged thursday when U.S. home sales and manufacturing were weakening."
If the U.S. goes into another recession people will be struggling more than they ever imagined. Gas prices and pretty much everything are over priced so if we go into another recession i have no idea what anybody will do....
we are in risk because of the trade market. s&p 500 one of the biggest trade markets in the world is under poverty by 0.29% . thats only 2.5 billion dollars,they have to have a minimum of 5 billion dollars,that is a big lost in the trade market,
he S&P 500 is a stock market index containing the stocks of 500 American Large-Cap corporations. The index is owned and maintained by Standard & Poor's, a division of McGraw-Hill. All of the stocks in the index trade on the two largest US stock markets, the New York Stock Exchange and Nasdaq. The Dow Jones Industrial Average and the S&P 500 are the most widely watched indexes of large-cap US stocks. The S&P 500 is often quoted using the symbol SPX or INX, and may be prefixed with a caret (^) or with a dollar sign ($
i'm not surprised that the Retail sales are up, because people have to shop. i still shop, i have too. when people shop it puts money towards the economy.
my opinion about the recession is if it does happen we wont get out because our generation is just to lazy for anything and that is embarrasing to say and even if we do get out it will be a while
The German economy, Europe's biggest, slowed to a growth rate of 0.1 percent in the April-June quarter
The scary thing is that Germany is a continents biggest economy and it is barely breaking even. If they are beginning to get that bad I can only imagine what the future has.
now this is what i belive the negative can appear to do feedback loop And when they do stock prices tend to fall further A negative feedback loop now appears to be in the making in both the United States and Europe Joachim Fels and Manoj Pradhane conomists at Morgan Stanle....
Possible going into anther recession.... I can't even get my head around that. Many family's including my own had difficulties during the last recession another one could be so much worse! 2 steps forward 5 steps back.
I feel like the fact that the stock markets are increasing and decreasing, up and down like a roller coaster shows that we are heading no where. If we go back into a recession, I dont know what my family would do. But I'm going to be positive and look on the brightside and tell myself that we arent going to have another recession anytime soon. It's okay to lie to yourself sometimes.
"Consumer prices rose 0.5 percent in July, mostly due to more expensive gas and food."
I think that if they keep raising the prices on stuff we cant live without it will make it harder on the economy for other stuff because some people already live paycheck to paycheck and cant afford more bills and stuff.
" The risk of a recession is now about one in three." according to Morgan Stanley.
To me I think that we will hit a recession in the next year because of how the economy is in all around the world. Yes it will be hard for my family and it will be hard to get out of the one we could be going in to.
"In Asia, Japan's exports fell for a fifth straight month."
Even the world's no. 3 economy has gotten worst in recession; if this thing going on right now don't change, imagine what it would be like on the next few years. If we don't do something about it now, the future generations would be suffering into this abyss.
the rick of recession , if its true or not true people should start saving and get ready ! things are happening , stuff we don't know about , and everybody could be losing money or they home....
"economists say the economic weakness and the stock markets' wild swings have begun to feed on themselves." Me personally I don't think that we are going to slip into another recession. But if it really does happen it would effect me and my family greatly. It's already hard enough for people put there that needs jobs to get one. That's just how bad the economy is today.
U.S. isn't the only country struggling with recession. It's difficult for families to fight through the previous recession because hardly anything is improving. I believe we will fall back into another recession or we will just never fully recover from the last one. Either way, families will be struggling.
I believe we might be going into another recession, but if that happens, it most likely will be harder to get out of it. And i hope we don't slip back into one because I don't want more people being jobless.
_ U.S. home sales fell in July for the third time in four months, the National Association of Realtors said. Sales dropped 3.5 percent to a seasonally adjusted annual rate of 4.67 million homes. That's far below the 6 million homes that economists say must be sold to sustain a healthy housing market.
With this happening and my dad being in the real estate business we might not sell a house and make no money here soon because homes are not selling.
i think if we fall into another recession, alot of people (including suits and government officials) will lose most likely lose their jobs and the government would suck
After reading this article it was a little frightening. Especially because we are just starting to recover from the last recessions and now they are saying that there is a growing risk for another one. People are still struggling and jobless so i could not imagine how much worse things could get if we did slip back into another recession.
Dude, if we have another Recession I'm going to cry. We can't afford this. Even if we do though the only ones who could really survive it is the rich people. What about lower class folks.? We could work just as hard if not harder, but we still get the short end of the stick. Come on America wake up and smell the recession.! We have to do something while we can.
We are not ready to say this is the death knell for the U.S. economy
If you has to go through another recession this one would be harder to get out of because many people are just now starting to rebound from the last recession. and the u.s is home sale and manufecturing but if we can not ready yo say this is the death knell for the u.s of economy i was reading this i was thing this we 2 steps forward 10 steps back to economy .... but we need to not ready to say this is the death knell for the ,economy..
the thought of going into another recession is horrible.. Many families had trouble throughout the first one. & i couldn't imagine them going through another one. If we went into another recession, it would be so hard for some families to get out of, just like it was for some people during the last recession.
The goverment is taking to much money every day. I believe we are going into another recession and i think that its depressing.The economic weekness and every stock is going down that will effect my family.
It's really sad to see our country go into another recession. So many people are suffering. If we have another recession were really going to be in for it this time.
Seeing and knowing that we might be slipping into another recession is very scary.. There is a weakness in the economics and stock market that is not very good.. Families are barley making it from the last recession this would hurt alot of people in the world including me as wheel.. The government needs to think this through before they start making and decisions..
Since sales are the weakest since 1997, we the people since we go shopping all the time and get things we usually don't even use should stop buying stupid things that we are doing and start getting real things that we need.
U.S. home sales fell in July for the third time in four months, the National Association of Realtors said. Sales dropped 3.5 percent to a seasonally adjusted annual rate of 4.67 million homes. That's far below the 6 million homes that economists say must be sold to sustain a healthy housing market.
I would hate my life if we went into another recession. In my eyes, we are kind of already in one. My family can barely afford groceries right now, we are living on tuna sandwiches and kool-aid. Its horrible. And sometimes i have to give money to my dad that i earn from my step dad. I should be able to spend it on what i want but im a 16 year old that has a family that sometimes depends on me for money to buy dinner. If the recession came back around, id hate it.
I Agree With @LatrellDavis2, If We Got Into Another Recession Thousands Of Families Wouldn't Be Able To Handle It Because Money Is Already A Huge Issue Right Now Anyways. And If We Did Get Into A Recession Again, I Doubt We Would Be Able To Get Ourselves Out.
Yes i do think we are going into Recession because, U.S home sales fell in july for the third time in four months. Also, because, Consumer prices rose 0.5% in july, mostly due to more expensive gas & food.
jobs are harder to find and the economy is trying to get jobs but it is not enough to help out. the gas has went up a lot and it is getting harder to pay for and harder to get to places needed....
well if another ressesion happened i think there would be less jobs and more lay-offs.There also be VERY high prices on everything and just all very over priced and not alot of people would be able to afford anything because they wouldn't have a job or is getting payed enough.
When i think of recessions, I think of all the money spent that could have been put to greater use. We as a nation know what we would have to do to make it out, The key is working together. People are wired to help each other, but in our society these days people think its all survival of the vitis....When you do the right things, sell THE RIGHT product, And come together as a nation we will make it out of recession - Kaution
the gas prices are going up and people that have ssi or unoplyment and food stamps and the government needs to stop paying taxes and taking money out of people checks and help pay for homeless people
I didnt find a job this summer because i was in new york for the summer and when i came back it was to late so ima try to talk to a teacher to see if they could help me find a job. even they havent found a job here in middletown high school im still looking for others to help me :)
if there is another recession i dont know how well america will bounce back . america has been faced with a recession before & it let to the depression , witch is one of the most infamous times in american history .
"we are not ready to say this is the death knell for the U.S. economy" is stated in the article and it is scary that could happen , because we aren't going to survive as a country if it happens, we will have major job cuts
91 comments:
"The risk of a recession is now about one in three," according to Morgan Stanley and Bank of America Merrill Lynch.
If we where to slip into another recession it would be horrible for my family. We barley dug ourselves out the first one just to be pushed further down a whole . 2 steps forward and 10 steps back.
"Discouraging economic data from around the globe have heightened fears that another recession is on its way"
if we go into another recession it is going to be even harder to bounce back from this recession what is the us going to do to stop the new recession thats on its way?
Economists believe we could be heading for another recession, because of the economic weakness and the stock markets wild swings. The growth percentages declining in the german and french economies. I personally think we've had a good run. This will probably impact us greatly, but again, we've had a good run.
Seeing and knowing that we might be slipping into another recession is depressing . Its hard to know that what once has happend already is going to happen again is hard to believe what are we going to do to try to prevent it
it about thee economic weakness and the stock market wild swing..It very emotional how it already happen and it going to happen again.If it does impact us i had a great awesome life going on here.
Going through a recession is probably the hardest thing a country can go through. We just survived one recession and now we might be going back to having another recession. To hear this is frightening because a lot of things were lost in this recession and it has affected millions of people across the country. Gas prices are high, jobs are needed, health care is being cut down or completely taken away from workers, even food at the groceries have risen in price. I don't know how we could survive another recession. If we slip into another recession I can't even begin to imagine what will happen to this country. I hope we find a way to keep us from another recession.
Knowing that we might be slipping into another recession is bad news. Last time was very hard for everyone. People are now just recovering from the last recession so that makes this recession even worst.
i think we need to take it day by day and the government should stop spending tax money and start using it for better stuff and they need to start to selling homes
"The risk of a recession is now about one in three," according to Morgan Stanley and Bank of America Merrill Lynch.
If we where to fall into another recession it would be bad for my family. We barley crawled ourselves out the first one just to be pushed further down a whole .
"We are not ready to say this is the death knell for the U.S. economy"
If the U.S. has to go through another recession this one would be harder to get out of because many people are just now starting to rebound from the last recession.
i think that the Goverment just needs to sit down and think together, forget parties, they jus need to work together and try to figure this out cause all of us Americans are suffering more and more everyday so this needs to change, we need a change!!
"The risk of a recession is now about one in three," according to Morgan Stanley and Bank of America Merrill Lynch.
I don't know what my family would do if the United States were slipping into another recession. . The last one hit my family hard, my grandparents lost there jobs, which resulted in them losing their house. The U.S needs to watch the spending. . A lot of families i know are just now recovering from the last one, & it would hit them twice as hard this time. . & now they are saying the recession is 1 in 3. I think it's going to happen again .
knowing another recession could happen is well scary. more people will lose their jobs, more people will lose there homes. The artical stated "we are not ready to say this is the death knell for the U.S. economy" even tho they cant say it is or not the chance that it could happen is whats scary.
I felt that this article was frightening, It showed that the U.S. is not the only country struggling with their economy. The statement, "The number applying for benefits rose 9,000 last week." This is frightening because the government will not be able to fund such an increasing group of people. This makes me picture more homeless, starving, and sick people. It also makes me worry we are headed towards another Great Depression.
Knowing an believing that another recession is coming is very freighting. Just to know that it might be back for a second time is like saying good bye to the U.S.
How will we defend ourselves this time with what weapons, what protection, we are not strong enough to take the recession on but even if we try i think that still with that most of the U.S. will be gone.
Persistent drops in stock prices erode consumer and business confidence. Individuals and companies typically then spend and invest less."
I Wasn't Around Or Remember being in a recession but I know It'd be hard because my mom is a single woman raising 3 .
"Discouraging economic data from around the globe have heightened fears that another recession is on the way."
I've never personally been through a recession, but if the U.S did go through another recession then it would be hard. It's already hard enough for people to make it now.
I don't remember being in a recession, because at the time my parents had very good paying jobs. So it wasn't as hard for my family back then as it was for most. But I believe the governments all need to get there acts together and figure the problems out.
i dont really remember the last recession because my parents have well paying jobs. i remember seeing things on the news about it but it never really effected me... i believe that if we go into another one then it will be really bad for everyone no matter your age or anything. we need to get our stuff together in this great country.
I think we are heading into another recession. I hope it doesn't lead into a depression. The economics and the stock market wild swings have caused consumer and business confidence to erode make all of us spend less money for a recession.
I believe we are going into another recession. Economists say that the stock market is plummeting and many people are without jobs and on welfare. Hopefully things get better, but I know they wont.
A recession is always bad new. Especially if your laid off of work or have low income. People can barely help themselves now a days.It would be a struggling time for most people.
We are heading into another recession because people dont save people arent caring for the world. All everybody do is want and want and to buy anything and everything. Spend money on unnecessary food products.
i believe that we are going into another recession because to main people are living off the government like welfare and stuff and the government is wasting their money helping people that sit around with no jobs
"The ECB said Thursday that one bank had borrowed $500 million a day for seven days through the ECB's dollar lending program. It was the first time since February that a bank had used the program. The bank wasn't identified".
How or why hasn't the bank that has been "borrowing" money from the ECB been identified? Without the bank being identified, then how will they fix the problem? Also I've noticed that they are able to discover that the money was being borrowed to a specific bank but yet the bank has not been identified. I hope that the bank is identified so this situation can be fixed.
i believe we are going into another reecession and i think that its depressing. People are getting laid off and struggling to get through life.
it seems like there might be another recession
We're heading into a recession because of the people in america spending their money on useless stuff and not using money to pay off bills or debts. The government is also to blame because of there choices on spending the country's money.
"The risk of a recession is now about one in three, according to Morgan Stanley and Bank of America Merrill Lynch." I think that this is scary and I hope we don't.
The Government is Just The Right People To Borrow Alot Of Money.. Who Borrows $500 Million, A Day For 7 Days Threw The ECB, Doesn't Pay It Back. They Are Just Crooked... Woww.
If European banks are being forced to pay more for the short-term loans they need to finance day-to-day operations than you can Tell that money is low.
Well, Obviously we have done something wrong again. The first time this has happened to us we looked at what was happening and corrected ourselves. They said that it was never gonna happen again. This is what happens when our government spends to much time doing their own thing and not listening. They think just because they work for the government they need to sit their and not do anything. Just watch the days roll by. Guess what? the people of this country cant just get up and do what they want to fix it. It just does not work like that. Im not saying that its all the governments fault either. The people know how our economy is going right now. Still people decide to use wasteful spending. such as Giant t.v.s, cell phones, ipods, stuff we really do not need. If the people really wanted to help make a difference they would get up and try. It takes more than 1 to change this country's economy. So basically, The people and the government need to start working more together in order to fix where our economy is headed.
if the US went into another recession then i don't know what my family or anyone would do. I know so many people with families saying it's so difficult just to get by as of right now, I couldn't imagine if the people saying those things lost their jobs and had no income at all coming into their household. The US really needs to find a way to fix things like this, But really when will that happen?
if the recession continues many good people who try to get forward and provide for their families wont be able to do so. People have already lost jobs that they desperately need to keep to not be homeless or broke. The single mothers thats the only thing they have is a job what are they going to do? If the recession continues people will resort to violence, we will have riots,killing,and people will start stealing everything, so they will have to find a solution now!
i think if we go through another recession it will be the worst one yet because alot of families now are already going through alot .
Economists believe a recession is coming back because of the weakening of stock sales and home sales. The number 3 economy in the world (China) has weakened because of the earthquake.
If we have another recession it would hurt a lot of people, especially the people who have worked hard to get out of the last recession.
I feel like recessions are bad in general and if we go through another it will be worser than the one that we had before because the economics in the world is horrible now and if we go through a recession it will just get worse and worse
I think that if we go though another recession that it would hit a lot of poor people hard because they are all ready going though a lot
"Fresh evidence emerged thursday when U.S. home sales and manufacturing were weakening."
If the U.S. goes into another recession people will be struggling more than they ever imagined. Gas prices and pretty much everything are over priced so if we go into another recession i have no idea what anybody will do....
we are in risk because of the trade market. s&p 500 one of the biggest trade markets in the world is under poverty by 0.29% . thats only 2.5 billion dollars,they have to have a minimum of 5 billion dollars,that is a big lost in the trade market,
he S&P 500 is a stock market index containing the stocks of 500 American Large-Cap corporations. The index is owned and maintained by Standard & Poor's, a division of McGraw-Hill. All of the stocks in the index trade on the two largest US stock markets, the New York Stock Exchange and Nasdaq. The Dow Jones Industrial Average and the S&P 500 are the most widely watched indexes of large-cap US stocks. The S&P 500 is often quoted using the symbol SPX or INX, and may be prefixed with a caret (^) or with a dollar sign ($
i'm not surprised that the Retail sales are up,
because people have to shop.
i still shop, i have too.
when people shop it puts money towards the economy.
i think we could have another recession, an it would be way worse than before.
my opinion about the recession is if it does happen we wont get out because our generation is just to lazy for anything and that is embarrasing to say and even if we do get out it will be a while
The German economy, Europe's biggest, slowed to a growth rate of 0.1 percent in the April-June quarter
The scary thing is that Germany is a continents biggest economy and it is barely breaking even. If they are beginning to get that bad I can only imagine what the future has.
now this is what i belive the negative can appear to do feedback loop And when they do stock prices tend to fall further A negative feedback loop now appears to be in the making in both the United States and Europe Joachim Fels and Manoj Pradhane conomists at Morgan Stanle....
Possible going into anther recession.... I can't even get my head around that. Many family's including my own had difficulties during the last recession another one could be so much worse! 2 steps forward 5 steps back.
I feel like the fact that the stock markets are increasing and decreasing, up and down like a roller coaster shows that we are heading no where. If we go back into a recession, I dont know what my family would do. But I'm going to be positive and look on the brightside and tell myself that we arent going to have another recession anytime soon. It's okay to lie to yourself sometimes.
"Consumer prices rose 0.5 percent in July, mostly due to more expensive gas and food."
I think that if they keep raising the prices on stuff we cant live without it will make it harder on the economy for other stuff because some people already live paycheck to paycheck and cant afford more bills and stuff.
" The risk of a recession is now about one in three." according to Morgan Stanley.
To me I think that we will hit a recession in the next year because of how the economy is in all around the world. Yes it will be hard for my family and it will be hard to get out of the one we could be going in to.
"In Asia, Japan's exports fell for a fifth straight month."
Even the world's no. 3 economy has gotten worst in recession; if this thing going on right now don't change, imagine what it would be like on the next few years. If we don't do something about it now, the future generations would be suffering into this abyss.
the rick of recession , if its true or not true people should start saving and get ready ! things are happening , stuff we don't know about , and everybody could be losing money or they home....
"economists say the economic weakness and the stock markets' wild swings have begun to feed on themselves." Me personally I don't think that we are going to slip into another recession. But if it really does happen it would effect me and my family greatly. It's already hard enough for people put there that needs jobs to get one. That's just how bad the economy is today.
U.S. isn't the only country struggling with recession. It's
difficult for families to fight through the previous recession because hardly anything is improving. I believe we will fall back into another recession or we will just never fully recover from the last one. Either way, families will be struggling.
Some sectors of the U.S. economy still show strength. Retail sales are up. Gas prices have fallen. And job growth has been consistent.
"The risk of a recession is now about one in three," according to Morgan Stanley and Bank of America Merrill Lynch.
i dont think we will slip into another resession but if we were to it would be hard for the u.s. to get out of.
I believe we might be going into another recession, but if that happens, it most likely will be harder to get out of it. And i hope we don't slip back into one because I don't want more people being jobless.
_ U.S. home sales fell in July for the third time in four months, the National Association of Realtors said. Sales dropped 3.5 percent to a seasonally adjusted annual rate of 4.67 million homes. That's far below the 6 million homes that economists say must be sold to sustain a healthy housing market.
With this happening and my dad being in the real estate business we might not sell a house and make no money here soon because homes are not selling.
The rising anxiety ignited a huge sell-off in stocks that led many investors to seek the safety of U.S. Treasurys.
The rising anxiety ignited a huge sell-off in stocks that led many investors to seek the safety of U.S. Treasurys.
i think if we fall into another recession, alot of people (including suits and government officials) will lose most likely lose their jobs and the government would suck
After reading this article it was a little frightening. Especially because we are just starting to recover from the last recessions and now they are saying that there is a growing risk for another one. People are still struggling and jobless so i could not imagine how much worse things could get if we did slip back into another recession.
Dude, if we have another Recession I'm going to cry. We can't afford this. Even if we do though the only ones who could really survive it is the rich people. What about lower class folks.? We could work just as hard if not harder, but we still get the short end of the stick. Come on America wake up and smell the recession.! We have to do something while we can.
if we had another recession i think we'd all be screwed.
"We are not ready to say this is the death knell for the U.S. economy"
i dont think that the U.S. would be ready to go through another recession because we are just now coming through from a bad recession
The risk of a recession is now about one in three," according to Morgan Stanley and Bank of America Merrill Lynch.
this would not be good for any nobody life or family. It would be harder to come back from another one and also depressing at the same time.
We are not ready to say this is the death knell for the U.S. economy
If you has to go through another recession this one would be harder to get out of because many people are just now starting to rebound from the last recession. and the u.s is home sale and manufecturing but if we can not ready yo say this is the death knell for the u.s of economy i was reading this i was thing this we 2 steps forward 10 steps back to economy .... but we need to not ready to say this is the death knell for the ,economy..
the thought of going into another recession is horrible.. Many families had trouble throughout the first one. & i couldn't imagine them going through another one. If we went into another recession, it would be so hard for some families to get out of, just like it was for some people during the last recession.
The goverment is taking to much money every day. I believe we are going into another recession and i think that its depressing.The economic weekness and every stock is going down that will effect my family.
"Discouraging economic data from around the globe have heightened fears that another recession is on its way"
from reading this blog and hearing about having a recession again is sad to hear. people are struggling through life as it is.
Sales are lagging - weekest since 1997 This is an example that we are going into a recession
It's really sad to see our country go into another recession. So many people are suffering. If we have another recession were really going to be in for it this time.
Seeing and knowing that we might be slipping into another recession is very scary.. There is a weakness in the economics and stock market that is not very good.. Families are barley making it from the last recession this would hurt alot of people in the world including me as wheel.. The government needs to think this through before they start making and decisions..
Since sales are the weakest since 1997, we the people since we go shopping all the time and get things we usually don't even use should stop buying stupid things that we are doing and start getting real things that we need.
U.S. home sales fell in July for the third time in four months, the National Association of Realtors said. Sales dropped 3.5 percent to a seasonally adjusted annual rate of 4.67 million homes. That's far below the 6 million homes that economists say must be sold to sustain a healthy housing market.
I would hate my life if we went into another recession. In my eyes, we are kind of already in one. My family can barely afford groceries right now, we are living on tuna sandwiches and kool-aid. Its horrible. And sometimes i have to give money to my dad that i earn from my step dad. I should be able to spend it on what i want but im a 16 year old that has a family that sometimes depends on me for money to buy dinner. If the recession came back around, id hate it.
I Agree With @LatrellDavis2, If We Got Into Another Recession Thousands Of Families Wouldn't Be Able To Handle It Because Money Is Already A Huge Issue Right Now Anyways. And If We Did Get Into A Recession Again, I Doubt We Would Be Able To Get Ourselves Out.
that how all of them show how thing r about go down if we do not clan it up soon
Yes i do think we are going into Recession because, U.S home sales fell in july for the third time in four months. Also, because, Consumer prices rose 0.5% in july, mostly due to more expensive gas & food.
jobs are harder to find and the economy is trying to get jobs but it is not enough to help out. the gas has went up a lot and it is getting harder to pay for and harder to get to places needed....
well if another ressesion happened i think there would be less jobs and more lay-offs.There also be VERY high prices on everything and just all very over priced and not alot of people would be able to afford anything because they wouldn't have a job or is getting payed enough.
When i think of recessions, I think of all the money spent that could have been put to greater use. We as a nation know what we would have to do to make it out, The key is working together. People are wired to help each other, but in our society these days people think its all survival of the vitis....When you do the right things, sell THE RIGHT product, And come together as a nation we will make it out of recession - Kaution
the gas prices are going up and people that have ssi or unoplyment and food stamps and the government needs to stop paying taxes and taking money out of people checks and help pay for homeless people
I didnt find a job this summer because i was in new york for the summer and when i came back it was to late so ima try to talk to a teacher to see if they could help me find a job. even they havent found a job here in middletown high school im still looking for others to help me :)
if there is another recession i dont know how well america will bounce back . america has been faced with a recession before & it let to the depression , witch is one of the most infamous times in american history .
"we are not ready to say this is the death knell for the U.S. economy" is stated in the article and it is scary that could happen , because we aren't going to survive as a country if it happens, we will have major job cuts
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