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Official Recession Thread

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fallen_angel
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Official Recession Thread

Postby fallen_angel » January 16th, 2016, 7:03 pm

So the recession caught us with our pants down and it getting worse now...do we just run around like headless chickens? what do we do now?

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Re: Official Recession Thread

Postby novastar1 » January 16th, 2016, 7:14 pm

Carnival...........God is a Trini etc

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Re: Official Recession Thread

Postby X_Factor » January 16th, 2016, 7:31 pm

what are the options?

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Re: Official Recession Thread

Postby EFFECTIC DESIGNS » January 16th, 2016, 8:20 pm

Carnival shall go on as normal, this is most important.

With that said I just came back from the grocery and I noticed the price of channa has increased by a staggering 100%.

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Re: Official Recession Thread

Postby rspann » January 16th, 2016, 8:22 pm

If channa increase,doubles going to increase too.

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Re: Official Recession Thread

Postby brams112 » January 16th, 2016, 8:24 pm

EFFECTIC DESIGNS wrote:Carnival shall go on as normal, this is most important.

With that said I just came back from the grocery and I noticed the price of channa has increased by a staggering 100%.

:lol: plant some amongst your coconut estate ur will make a mint.

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Re: Official Recession Thread

Postby EFFECTIC DESIGNS » January 16th, 2016, 8:30 pm

rspann wrote:If channa increase,doubles going to increase too.


I am unsure as to why the 100% increase though. 100% over 5 years sure but 100% in just 1 day?

I asked the owner about this he said the supplier just told him there is a heavy tax imposed on imported channa. Either that owner getting rob big time by the supplier, the owner lying and double the price for spite which I doubt, or price of channa has really increased by 100% across the country.

I will wait for someone else here to confirm if this really is the case elsewhere. If so, then doubles will now cost atleast $7.

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Re: Official Recession Thread

Postby Curtms » January 16th, 2016, 8:37 pm

Recession only affecting sufferers!

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Re: Official Recession Thread

Postby pugboy » January 16th, 2016, 8:49 pm

Plenty fete tickets for sale

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Re: Official Recession Thread

Postby killercow » January 17th, 2016, 9:45 am

Even though I'm not a fan of Carnival I was actually thinking since Brazil cancel their Carnival most tourists will come here instead thus resulting in an increased tourism revenue for Carnival this year.

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Re: Official Recession Thread

Postby bluesclues » January 17th, 2016, 9:55 am

http://www.resilience.org/stories/2008- ... eliverance

In the story, Joseph who was sold into Egypt becomes the powerful advisor of Pharoah, who is having bad dreams. In one of the dreams, Pharoah dreams of seven fat cows, devoured by seven starving cows. In the second, seven ripe, healthy sheaves of wheat are devoured by seven shrivelled, dry ones. Joseph correctly predicts that this means,
“Immediately ahead are seven years of great abundance in all the land of Egypt. After them will come seven years of famine and all the abundance in the land of Egypt will be forgotten. As the land is ravaged by famine, no trace of the abundance will be left in the land…And let Pharoah take steps to appoint overseers over the land, and organize by taking a fifth part of the land’s produce in the seven years of plenty. Let all the food of those good years that are coming be gathered and let the grain be collected under Pharoah’s authority as food to be stored in cities. Let that food be a reserve for the land for the seven years of famine which will come upon the land of Egypt, so that the land may not perish in the famine.”
Joseph’s understanding and forethought enable Egyptians, and ultimately his own family to survive the famine, in which “…there was no bread in all the world.“

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Re: Official Recession Thread

Postby 10-01 » January 17th, 2016, 9:56 am

killercow wrote:Even though I'm not a fan of Carnival I was actually thinking since Brazil cancel their Carnival most tourists will come here instead thus resulting in an increased tourism revenue for Carnival this year.


has a lot of Spanish here already have u seen the mall lately for every 10 trinis u see 2 Spanish :|

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Re: Official Recession Thread

Postby j.o.e » January 17th, 2016, 10:02 am

Can we stop saying Brazil cancelled their carnival ? They haven't, they've just cut back/stopped celebrations in certain districts. It's the equivalent of T&T cutting back on carnival in Toco while Port of Spain continues as usual.

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Re: Official Recession Thread

Postby bluesclues » January 17th, 2016, 10:18 am

j.o.e wrote:Can we stop saying Brazil cancelled their carnival ? They haven't, they've just cut back/stopped celebrations in certain districts. It's the equivalent of T&T cutting back on carnival in Toco while Port of Spain continues as usual.


correct

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Re: Official Recession Thread

Postby fallen_angel » January 17th, 2016, 11:05 am

So in the future it looks like we will have no money and no food...crime will be rampant and our dollar would be worthless...but we will be surrounded by spanish women

Iran trade sanctions lifted today, the man on tv saying they will pelt a next 500000 bpd on d market, current world consumption is 5mmbpd, thats a 10% increase in supply, no increase in demand

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Re: Official Recession Thread

Postby killercow » January 17th, 2016, 11:47 am

j.o.e wrote:Can we stop saying Brazil cancelled their carnival ? They haven't, they've just cut back/stopped celebrations in certain districts. It's the equivalent of T&T cutting back on carnival in Toco while Port of Spain continues as usual.

I stand corrected. Still nevertheless any cutbacks Brazil makes will benefit T&T even if the proportion is minute.

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Re: Official Recession Thread

Postby 10-01 » January 17th, 2016, 11:50 am

fallen_angel wrote:.but we will be surrounded by spanish women



so wat going to happen to we sweet trini oman ... dem spaish oman to stinnk cant stand dem ... :oops:

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Re: Official Recession Thread

Postby redmanjp » January 17th, 2016, 11:53 am

fallen_angel wrote:So in the future it looks like we will have no money and no food...crime will be rampant and our dollar would be worthless...but we will be surrounded by spanish women

Iran trade sanctions lifted today, the man on tv saying they will pelt a next 500000 bpd on d market, current world consumption is 5mmbpd, thats a 10% increase in supply, no increase in demand


US to start exporting oil also, oil price will go much lower, some say $16 :shock:

we gone choo

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Re: Official Recession Thread

Postby fallen_angel » January 17th, 2016, 12:27 pm

u feel dem reds coming back to save us?
u cant trust nothing red...they wud run away so fast n forget u when dey c d blue eyes n fancy accent

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Re: Official Recession Thread

Postby cheese » January 17th, 2016, 12:36 pm

Heavy Equipment Recession Sale?

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Re: Official Recession Thread

Postby fallen_angel » January 17th, 2016, 12:47 pm

heavy equipment not selling again, watch how much you seeing in the classifieds, people still feel they could call big money for rubbish in this kinda recession time

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Re: Official Recession Thread

Postby redmanjp » January 17th, 2016, 12:58 pm

so what about used car prices?

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Re: Official Recession Thread

Postby PapaC » January 17th, 2016, 1:02 pm

ImageUploadedByTapatalk1453050157.060623.jpg

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Re: Official Recession Thread

Postby eurotuner » January 17th, 2016, 1:27 pm

I'm going to start looking at my bills more attentively from next supermarket visit, because some of these greedy business people use any excuse to raise the price of their goods just because, Vat or not vat, but trini's buy it still.

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Re: Official Recession Thread

Postby Duane 3NE 2NR » January 17th, 2016, 2:29 pm

killercow wrote:
j.o.e wrote:Can we stop saying Brazil cancelled their carnival ? They haven't, they've just cut back/stopped celebrations in certain districts. It's the equivalent of T&T cutting back on carnival in Toco while Port of Spain continues as usual.

I stand corrected. Still nevertheless any cutbacks Brazil makes will benefit T&T even if the proportion is minute.
you really think a large enough percentage of brazil carnival tourists are going to see Trinidad carnival as an alternative between now and then to make a noticeable difference in our carnival revenue?

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Re: Official Recession Thread

Postby fallen_angel » January 17th, 2016, 2:51 pm

if we put all d spanish women to lie on their back with their feet in the air, would that keep up the sky when it is falling?

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Re: Official Recession Thread

Postby nervewrecker » January 17th, 2016, 3:02 pm

pugboy wrote:Plenty fete tickets for sale


Real people feting. After carnival we will hear how is Rowley fault things bad. Esp when the talk is a lot of places looking to let go staff after carnival.

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Re: Official Recession Thread

Postby supercharged turbo » January 17th, 2016, 3:27 pm

Ah wonder if is OP who recommend we sell pepper to farin?

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Re: Official Recession Thread

Postby fallen_angel » January 17th, 2016, 3:31 pm

even pepper not selling again, too much from the east
best ting to sell now is orange juice

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Re: Official Recession Thread

Postby The_Honourable » January 17th, 2016, 4:23 pm

We had many chances to diversify the economy. It could have been done in the mid 70s during the 1st oil boom but we didn't... and we suffered in the 80s. We should have learnt our lesson from that and started to diversify in the 90s. Our biggest chance was from 2002-2008 during the 2nd oil boom under the Manning administration. We had another chance under Kamla but little happened.

This recession is worldwide. How long the Saudis and OPEC going to play this game just to hold market share against Shale at the expense of their economies is hard to say. Right now they are outing fires in their own economies with new ones popping up.

If this world recession gets any worse, best believe there is going to be a WAR. From an economic standpoint whether we like it or not, war stimulates oil producing countries. If you pay attention to the US Presidential Race, both sides are not talking about peace. They are talking about who they will stand up too and being antagonistic. This means that whoever is going to be US president in November is going to war. If a war does happen in 2017, T&T would come out the recession for the time being. If that is the case, and we receive a windfall... we better start an aggressive diversification program.

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