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TOPIC: Global Recession

Global Recession 3 weeks 8 hours ago #1

  • FrankN
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Joker wrote:
Just a thought on this....it is 2017 and we are running headlong for the bottom if you ask me. Our country is in a freefall as far as the value of the dollar against other currencies. Building is slow, investments are risky, and I for one am feeling like there is just nowhere to go but down especially with the current regime!

This is one of the longest bull runs we have had so agreed we are heading for a recession at some point in the near future, in my opinion.
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Global Recession 3 weeks 14 hours ago #2

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Just a thought on this....it is 2017 and we are running headlong for the bottom if you ask me. Our country is in a freefall as far as the value of the dollar against other currencies. Building is slow, investments are risky, and I for one am feeling like there is just nowhere to go but down especially with the current regime!
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Global Recession 1 month 2 weeks ago #3

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Pinky wrote:
I am in total agreement with you about "where we will be at the end of 2017". If Trump has his way, we will all be in the poor house and the rich will only get richer. He is making so many enemies of friendly foreign governments, that I am truly ashamed of him. I realize that he is trying to collect some of the money owed to us and thumbs up on that endeavor, however the way he goes about it might put us all in danger.

He definitely loves to talk about nationalism which could put the global economy in a recession.
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Global Recession 2 months 2 weeks ago #4

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I am in total agreement with you about "where we will be at the end of 2017". If Trump has his way, we will all be in the poor house and the rich will only get richer. He is making so many enemies of friendly foreign governments, that I am truly ashamed of him. I realize that he is trying to collect some of the money owed to us and thumbs up on that endeavor, however the way he goes about it might put us all in danger.
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Global Recession 5 months 2 weeks ago #5

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Curry wrote:
I hope people remember there is nothing free......not even shipping. Wal Mart doesn't get it free and you can bet they're not going to eat the cost themselves.

Right, it is embedded in the purchase price of the product.
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Global Recession 6 months 1 week ago #6

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I hope people remember there is nothing free......not even shipping. Wal Mart doesn't get it free and you can bet they're not going to eat the cost themselves.
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Global Recession 6 months 2 weeks ago #7

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As a follow on this ... Walmart pulled out all the stops and jumped in with the hook "free shipping." It will be interesting as you say "companies could still create online commerce."
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Global Recession 6 months 2 weeks ago #8

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with ecommerce, there is limited barriers to entry so while Amazon does have scale, there can still be companies who create online commerce businesses and can compete with Amazon.
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Global Recession 6 months 3 weeks ago #9

With the amount of online commerce, I don't see Amazon having a problem with being a monopoly. These chains may be closing brick and mortar stores, but they still have their online sales. And then there are stores like Walmart, Lowes, and Kohl's that are showing no signs of slowing down in their physical places of business.
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Global Recession 6 months 3 weeks ago #10

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Moneyes wrote:
That would make Amazon happy......and E-Bay......and all the other one's. People need to take a breath and remember that a recession does not have a negative impact on every single sector of the market. That's what a depression does. The are parts of the market that will continue to do well and even better if they can pick up the customers other failing retailers lose.
I don't think Amazon would like it much because if they get too much of the market, the Monopolies rules will kick in. If they're the only provider they can be forced to split for consumer protection.
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Global Recession 6 months 3 weeks ago #11

I heard the other day that Penney's is closing something like 140 stores this year. The malls in my area have been like ghost towns for years. I think everything online is where we're headed and it wouldn't surprise if large malls with 100 stores are a thing of the past ten years from now.
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Global Recession 6 months 4 weeks ago #12

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That would make Amazon happy......and E-Bay......and all the other one's. People need to take a breath and remember that a recession does not have a negative impact on every single sector of the market. That's what a depression does. The are parts of the market that will continue to do well and even better if they can pick up the customers other failing retailers lose.
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Global Recession 6 months 4 weeks ago #13

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Interesting comments. Following on your points ... I have never seen so many eateries branded and nonbranded along with big box and one of a kind retail establishments go away. While I have no doubt retail grossly over built the retrenchment is so harsh, fast and forever. Sears, KMart, Radio Shack, JC Penney, Macys is struggling, Kohls is loosing ground, and many Sporting Goods chains. And to continue on the doomsday beat Best Buy has had swings in their profitability along with Target Stores. Where does it end. Everything on the web?
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Global Recession 6 months 4 weeks ago #14

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The problem is that this time there hasn't been a good time. Everything crashed in 2008, and it feels like its only now we're seeing light at the end of the tunnel. Now there's a threat of it dipping back down again? It feels kind of like seeing the end of the roaring twenties and wondering when the good times will come back. I hope our good times actually do.
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Global Recession 1 year 2 weeks ago #15

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In true capitalism, there is always going to be cycles and I am not arguing for capitalism, but that is just how it works. Really the only way to prepare yourself is try to save as much as you can during the good times and limit your spending in the bad times.
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