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The global recession is visibly evident where I live. Ask a Question

The global recession is visibly evident where I live.
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8 Answers

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3 Replies to deleted user's answer

I'm confused by your question. Do you feel the recession is visible where you live?

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Oh ok. I would have to agree. I personally have not noted any evidence of it where I live either.

People have been booking holidays, making high involvement purchases as usual.

I think it is nice though, for us NOT to see more negativity in our lives.

I answered yes for Sweden. But only to a limited degree. That said, it may get worse.

If it is visible where you live, isn't that just the "local" recession? I'd think you suggest that the "global recession is visibly evident where I don't live."

1 Replies to elwyatt's answer

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Not evident at all in middle America. My neighbor is a trucker. He says during a recession trucking traffic decreases noticeably. He said in recent months trucking traffic has been very significant, definitely not characteristic of a recession.

1 Replies to Chipmonk's answer

I agree with your neighbour, trucks are busy here.

Not very visible here in the Netherlands. I know the number of people without a job has risen a little but I don't see that. Traffic jams don't seem to get better either. Probably the only small sign is that houses are on sale longer because nobody want to buy a house right now.

I live in Manhattan, and no, I see no visible evidence of it, though I know many people have lost their jobs and are going through their savings.

I heard on the radio that a rather large underground economy has grown up, and not all of it deals with illicit drugs, gambling and prostitution, although all those are on the increase. Rather, people are doing what they usually do, only privately and in cash transactions. (For instance, I personally know one masseuse who closed the doors of the office she had for 14 years and has taken her business out on the road, where she has only slightly less income and significantly fewer expenses.) One of the major topics of the radio discussion was what was going to happen when cobra ran out for these people, and whether the changes in the way we handle healthcare was accounting for them.

Anything to do with real estate, new cars and trucks, RVs, tourists, loans or investments are in a severe recession here. Retail is down slightly. The rest seems the same as usual.

Australia didn't technically go into Recession, that's what we have been told.

So maybe that's the reason we haven't seen the tragedy that other countries have.