Evan Andreou Posted June 12, 2008 Posted June 12, 2008 I think it will stay unchanged as we are officially in a recession and it is affecting the poor more than trying to curb the top guys from spending more than what they earn. But hey' date=' you never know![/quote'] just asking... how do we become officially in recession?is there a measure to determine it? would you sau the statesis in a recession yet>and the poms? Definition of a recession is 2 consecutive quarters of negative GDP growth. Our GDP slowed to just over 2%, certainly not negative, just slow. Economic slowdown -yes ,Recession - not quite yetThe danger signs are there though
Dun Man Posted June 12, 2008 Posted June 12, 2008 50 basis points it is!! Still sh*tty at least not 2%
shaunh Posted June 12, 2008 Posted June 12, 2008 matie, the entire world is either in a recession or heading towards one, according to leading financial fundi's. I am no financial Guru, just going according to what I read. (and they say, don't believe everything you read!)shaunh2008-06-12 07:35:02
Jackes Posted June 12, 2008 Posted June 12, 2008 Now i have 1.5 % worth to celebrate with, where should i go to tonight...
Iven Posted June 12, 2008 Posted June 12, 2008 I think it will stay unchanged as we are officially in a recession and it is affecting the poor more than trying to curb the top guys from spending more than what they earn. But hey' date=' you never know![/quote'] just asking... how do we become officially in recession?is there a measure to determine it? would you sau the statesis in a recession yet>and the poms? Definition of a recession is 2 consecutive quarters of negative GDP growth. Our GDP slowed to just over 2%, certainly not negative, just slow. Economic slowdown -yes ,Recession - not quite yetThe danger signs are there though A worldwide recession may be on the cards?
Jackes Posted June 12, 2008 Posted June 12, 2008 who said the clever guys said 1%? I did ! ??? Dawie Roos continued with that opinion till this morning.
Bikalot Posted June 12, 2008 Posted June 12, 2008 I think it will stay unchanged as we are officially in a recession and it is affecting the poor more than trying to curb the top guys from spending more than what they earn. But hey' date=' you never know![/quote'] just asking... how do we become officially in recession?is there a measure to determine it? would you sau the statesis in a recession yet>and the poms? Definition of a recession is 2 consecutive quarters of negative GDP growth. Our GDP slowed to just over 2%, certainly not negative, just slow. Economic slowdown -yes ,Recession - not quite yetThe danger signs are there though A worldwide recession may be on the cards? possibly thats why i was asking some american politician mentioned something about it the other night on the news...
AuctionLamb Posted June 12, 2008 Posted June 12, 2008 who said the clever guys said 1%? I did ! ??? Dawie Roos continued with that opinion till this morning. tell him is is not that clever anymore!
Gert Janse v Rensburg Posted June 12, 2008 Posted June 12, 2008 40 bucks on 100000 is not that bad.... hehe
Jackes Posted June 12, 2008 Posted June 12, 2008 So, was mr tito's " 2 % " just a scare-tactic or is it only me that does not understand this crap. Coming down from a almost certain 2 to .5 ?
Iven Posted June 12, 2008 Posted June 12, 2008 who said the clever guys said 1%? I did ! ??? Dawie Roos continued with that opinion till this morning. I think 0.5% is a (pleasant) surprise after the hawkish statements from Tito last month. Most people were expecting 1%.
AuctionLamb Posted June 12, 2008 Posted June 12, 2008 So' date=' was mr tito's " 2 % " just a scare-tactic or is it only me that does not understand this crap. Coming down from a almost certain 2 to .5 ? [/quote'] when tito hinted at 2% hike then everyone was pulling brakes biiiiigtime!!!
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