As credit turmoil grows, U.S. heads for recession

General Chat
Post Reply
User avatar
LICKING COUNTY FAN
SEOPS Hippo
Posts: 45533
Joined: Sun Oct 16, 2005 12:05 am
Location: Buckeye Lake, Ohio
Contact:

As credit turmoil grows, U.S. heads for recession

Post by LICKING COUNTY FAN »

Headed for???

The U.S. economy is headed for recession this year and there is a 25 percent chance world growth will drop to 3.0 percent or less, a level that would be considered recessionary, the International Monetary Fund said on Wednesday.


http://news.yahoo.com/s/nm/20080409/bs_nm/imf_dc


User avatar
orange-n-brown 365
SEOPS HO
Posts: 8646
Joined: Sat Oct 29, 2005 8:38 am

Re: As credit turmoil grows, U.S. heads for recession

Post by orange-n-brown 365 »

I thought the same thing...
Recession
A period of general economic decline; specifically, a decline in GDP for two or more consecutive quarters.


User avatar
The Instructor
SEOPS Hippo
Posts: 32534
Joined: Mon May 08, 2006 1:37 am

Re: As credit turmoil grows, U.S. heads for recession

Post by The Instructor »

Hey!

Where is my BIG rebate check?

I need it to pay some bills!


User avatar
orange-n-brown 365
SEOPS HO
Posts: 8646
Joined: Sat Oct 29, 2005 8:38 am

Re: As credit turmoil grows, U.S. heads for recession

Post by orange-n-brown 365 »

The Instructor wrote:Hey!

Where is my BIG rebate check?

I need it to pay some bills!


go to http://www.irs.com and click on the site and it will tell you what date you will receive your check... if you have direct deposit you will get it in May if not you may have to wait a little while


User avatar
The Instructor
SEOPS Hippo
Posts: 32534
Joined: Mon May 08, 2006 1:37 am

Re: As credit turmoil grows, U.S. heads for recession

Post by The Instructor »

Thanks!

You are just full of wonderful information!!


User avatar
orange-n-brown 365
SEOPS HO
Posts: 8646
Joined: Sat Oct 29, 2005 8:38 am

Re: As credit turmoil grows, U.S. heads for recession

Post by orange-n-brown 365 »

you are welcome I just had to show someone that site yesterday.. I guess this home school teaching is rubbing off I am becoming knowledgeable :122249


Post Reply

Return to “The Off season”