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What's your take on a looming recession?

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Jan 5, 2008 5:17 pm

I am going to reply to this quickly before heading up to the ski slopes It is pounding snow! The

y are calling for 3 to 4 feet    The tourists are plentiful! The downtown resturants are busy The hotels are full!    I drove through another vacation ski town about an hour away from my home, and there was not a empty parking spot in town, the strip malls and resturants where packed. I talked to clients over there and they told me the town was nuts, crazy busy!    I do not know what your  towns look like but here in CO  during this ski  season people are still traveling from far away and  spending  $$$$ on big vacations   Please share what you are seeing in your area's     
Jan 8, 2008 5:54 pm

This is a great ski year…no question. The snow is great!  But with the tightening of discretionary spending I bet the 09 season will not compare to this 08 season.

Also, delete Looming from the subject line, according to Merrill Lynch.   http://www.cbc.ca/world/story/2008/01/08/merrilllynchrecession.html
Jan 15, 2008 4:28 am

GREAT DEPRESSION 2.0 extended version coming soon