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What happened during the 2008 Financial Crisis?
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<blockquote data-quote="Overpaid Union Thug" data-source="post: 4190823" data-attributes="member: 198"><p>Its a repeat of 2007/2008. The ”media” will start ramping up their claims of a recession when we get a little closer to election time. If it plays out that way then UPS will take the opportunity to cut routes and manning even more than they already do now. And the PCMs will include pleas for sales leads. My area wasn’t affected by the recession but UPS cut routes anyway.</p><p></p><p>There are signs (yield curves and whatever) that usually indicate if a recession is coming but in reality they only become a problem if enough people stop spending and employers stop hiring. The “news” networks are more than willing to inflame a tiny problem into a huge one for political gain.</p></blockquote><p></p>
[QUOTE="Overpaid Union Thug, post: 4190823, member: 198"] Its a repeat of 2007/2008. The ”media” will start ramping up their claims of a recession when we get a little closer to election time. If it plays out that way then UPS will take the opportunity to cut routes and manning even more than they already do now. And the PCMs will include pleas for sales leads. My area wasn’t affected by the recession but UPS cut routes anyway. There are signs (yield curves and whatever) that usually indicate if a recession is coming but in reality they only become a problem if enough people stop spending and employers stop hiring. The “news” networks are more than willing to inflame a tiny problem into a huge one for political gain. [/QUOTE]
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What happened during the 2008 Financial Crisis?
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