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Old May 13, 2003, 03:48   #1
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The Global Economic Recession is OVER
That's right, I called it. Here are the reasons why:

1. Saddam is gone
2. SARS has been contained
3. Aside from today's attack, Al Queda has been getting their asses kicked in every corner of the globe
4. Some morons are sending me "hot stock tips" SPAM emails about some crappy OTCBB stocks
5. Roland is wrong


Here are the hot techs to watch for in 2004:

1. Internet 2
2. Fuel Cells
3. Biotech makes a huge comeback


thanks
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Old May 13, 2003, 04:10   #2
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how long until Internet 2 has porn on it?
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Old May 13, 2003, 04:22   #3
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Old May 13, 2003, 04:28   #4
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The recession is over when big coorporations have had enough time to make enough 'cut-backs'.
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Old May 13, 2003, 04:39   #5
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It's the sixth time this recession has stopped! Hooray!
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Old May 13, 2003, 04:47   #6
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Re: The Global Economic Recession is OVER
Again?
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Old May 13, 2003, 05:38   #7
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until the bush administration desides which country is next on their list ....
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Old May 13, 2003, 05:50   #8
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There was a global recession going on?
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Old May 13, 2003, 05:58   #9
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Re: The Global Economic Recession is OVER
Of cource it's over, and of cource your reasons have something to do with it.
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Old May 13, 2003, 06:04   #10
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until the bush administration desides which country is next on their list ....
Belgium. Short KBC.
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Old May 13, 2003, 06:08   #11
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Internet 2? Lets not sweat that, particularly IPv6 has been out for years and it still isn't being used in any scale.
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Old May 13, 2003, 06:23   #12
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In other news, a possible smoking gun has been found in Iraq. Again. For (i think) the fourth time.

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Old May 13, 2003, 06:34   #13
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Quote:
Originally posted by Tassadar5000
In other news, a possible smoking gun has been found in Iraq. Again. For (i think) the fourth time.

Maybe the GI take that phrase to litterally
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Old May 13, 2003, 06:48   #14
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However, Biotechs are ones to watch, with much new tech that hasn't reached mainstream, I'm thinking it could be the new televcoms sector (but hopefully with something to back it up )
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Old May 13, 2003, 07:34   #15
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1. has little to do with things
2. minimal effects to domestic US economy, mostly affecting Asia
3. there isn't substantial proof of this... top guys still running around
4. SPAM will continue even when Armageddon ensues
5. I can't comment

The economy is stagnant... healthy economic growth won't occur until deficits are decreased.
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Old May 13, 2003, 08:48   #16
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PEOPLE!
WAS THERE A GLOBAL ECONOMIC RECESSION, GOING ON? I HAVEN'T HAD A CLUE! COULD SOMEONE FIND ME SOME STATISTICS ABOUT THIS RECESSION, PLEASE?

[/caps-lock syndrome - sorry, got carried out]
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Old May 13, 2003, 09:07   #17
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Quote:
Originally posted by Stefu
It's the sixth time this recession has stopped! Hooray!
Recession, what recession? Canada's economy has been doing fine for quite some time now. We've barely noticed a thing.

Which blows this whole thread out of the water, since there never was a global recession. It was confined only to certain countries.
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Old May 13, 2003, 09:13   #18
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Has global economic output fallen for 2 quarters in a row, if not there was no recesion.
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Old May 13, 2003, 10:19   #19
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I'm too lazy to find statistics, but there was definitely a near-nil growth in western economies these years. In the US, the fall of the tech-bubble has quickly stopped growth (form 5.6% in Q1 2002 to about 0% in Q4 2002). In Germany, growth is near nil for some years now. In France, there has been a negative growth in Q4 2002, while it was pretty solid in the beginning of 2002 too.
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Old May 13, 2003, 11:41   #20
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a 6% Per Capita GDP dip in the last 3 years, here.
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Last edited by Az; May 13, 2003 at 12:20.
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Old May 13, 2003, 11:55   #21
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Recession, what recession? Canada's economy has been doing fine for quite some time now. We've barely noticed a thing.
Canada's Economy? What economy?
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Old May 13, 2003, 12:25   #22
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Lithuanian GDP grew 9.1% yoy in Q1 2003. I fart in the general direction of that recession.
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Old May 13, 2003, 12:33   #23
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Let's wait and see what other bubbles are going to pop, like the real estate bubble and the debt bubble.

*pop!*
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Old May 13, 2003, 12:38   #24
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Originally posted by Saras
Lithuanian GDP grew 9.1% yoy in Q1 2003. I fart in the general direction of that recession.
Wow, those 3 extra tourists sure had an impact....
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Old May 13, 2003, 12:44   #25
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Originally posted by Boris Godunov
Let's wait and see what other bubbles are going to pop, like the real estate bubble and the debt bubble.

*pop!*
I hope the realestate bubble doesn't pop any time soon. I'm going to be buying a house around the end of the year and I'm going to be needing a greater fool in about 2-3 years.
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Old May 13, 2003, 12:46   #26
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Let's wait and see what other bubbles are going to pop, like the real estate bubble and the debt bubble.
Hopefully, that would be nice.

"Be fearful when others are greedy and greedy only when others are fearful." - Warren Buffet


Quote:
Wow, those 3 extra tourists sure had an impact....
Yeah, they give 'em gas
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Old May 13, 2003, 12:46   #27
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4 tourists... that one Russian guy went back to see his momma in Kiev, and when he returned they considered him a "tourist". Technicality.
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Old May 13, 2003, 12:51   #28
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Lithuanian GDP grew 9.1% yoy in Q1 2003.
The tiger on the Baltic!
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Old May 13, 2003, 14:03   #29
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Quote:
Originally posted by Boris Godunov
Let's wait and see what other bubbles are going to pop, like the real estate bubble
Over hear, soon would be my guess.

Quote:
Originally posted by Boris Godunov
and the debt bubble.
Sadly, I don't see that poping. With the nature of repayments I think when it does it will be slowly, but it's still rising here IIRC, which is very worrying. Why do people get in so much debt? It just seems to be normal and accepted to have several hundreds of pounds on credit cards that you can't pay off, accruing interest
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Old May 13, 2003, 14:30   #30
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there's been a recession in the states. harder for me to get summer employment.

however, this recession seems not to have touched skorea, which is good.

internet 2 will have porn on it as soon as they allow commercial sites on it. hell, freenet had porn on it from its inception, iirc.

as for biotech... like the dotcommers, i don't think that's really going to be that hot. it'll definitely get more respect, but it won't be anything on the mania we saw before when one could say that one was cloning goatfvckers and get a high ipo for it.
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