A World Recession

[Army Wife'79]

I heard one of the first ways to determine a recession is to check with personal service people like manicurists and beauty shops. One of the first cut backs people will make is to stop having their nails done and getting their hair cut in longer intervals between cuts etc. I think we are headed for a recession. If people wouldn't live beyond their means, they wouldn't have all this debt. I was always told to "buy what I can afford, not what I want".

[preciousjeni]

Originally Posted by Army Wife'79

I heard one of the first ways to determine a recession is to check with personal service people like manicurists and beauty shops. One of the first cut backs people will make is to stop having their nails done and getting their hair cut in longer intervals between cuts etc. I think we are headed for a recession. If people wouldn't live beyond their means, they wouldn't have all this debt. I was always told to "buy what I can afford, not what I want".

I'd say the recession is currently in progress. It's not down the road anymore.

http://www.nytimes.com/2008/03/08/bu...=1&oref=slogin

[cheerfulgreek]

Originally Posted by preciousjeni

I'd say the recession is currently in progress. It's not down the road anymore.

http://www.nytimes.com/2008/03/08/bu...=1&oref=slogin

I agree.

[Coramoor]

...the sky is falling! Can I borrow an umbrella?

Quoting the NYTimes...are you smoking crack? Off the top of my head I can't name a bigger piece of tripe in the journalism industry.