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The general consensus is that the US is headed toward a large recession. What does this mean to the average person in America. Higher interest rates? Fewer jobs?

By DA BEN DAN yanggui zi COAT Asked Jan 6 2008 11:58PM
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Top Answer out of 5

by YARNLADY is happy everyday on Jan 7, 2008 at 12:10 am Permalink

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People buying less stuff =
Decrease in factory production =
Growing unemployment =
Slump in personal income =
An unhealthy stock market(too many sellers, not enough buyers)
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Avatar DA BEN DAN yanggui zi COAT Jan, 07 2008 at 12:12 AM
thanks...so everyone will be broke just like always?:)
Avatar YARNLADY is happy everyday Jan, 07 2008 at 12:14 AM
Not everyone; politicians, oil executives, athletes, etc will be rich, just like always.

Answer 2 out of 5

by Aimshad on Feb 6, 2009 at 9:13 pm Permalink

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It means US govt to focus more on internal affairs of their nation instead interfering in other countries affairs.
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Avatar DA BEN DAN yanggui zi COAT Feb, 07 2009 at 09:31 AM
thanks:)

Answer 3 out of 5

by prisoner on Mar 10, 2008 at 10:24 pm Permalink

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The Central Banks are ellusively trying to eliminate the middle class. The richer will get richer, the poor will become poorer. Hopefully soon there will be a revolution in America.
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The dollar is very very very weak. The dollar is now less than 2 pennies compared to what it was in the early 1900's.
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Avatar DA BEN DAN yanggui zi COAT Mar, 10 2008 at 10:40 PM
yes the dollar is very weak:(

Answer 4 out of 5

by Patti jo on Jan 7, 2008 at 12:24 am Permalink

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Both Higher rates and fewer jobs , scary to -- + 5
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Avatar DA BEN DAN yanggui zi COAT Jan, 07 2008 at 09:03 AM
thanks:)

Answer 5 out of 5

by Lovely1 on Jan 7, 2008 at 12:22 am Permalink

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It means all of the above.
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Avatar DA BEN DAN yanggui zi COAT Jan, 07 2008 at 12:22 AM
thanks.


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