Omaha Nesties
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
whats up with this 2nd recession business?
is it happening? not going to happen?
the stock market looks like ***.
Is this because of the debt thing they passed? I'm confused as to why all the sudden everyone is selling. Please explain 
Re: whats up with this 2nd recession business?
I don't get why people would sell. Now is the time to buy! I don't understand the stock market and hope to never get involved in it.
I'm suprised it would be because of the debt thing b/c if that hadn't happened it would have really gone to shiit!
The global markets look like shiit too. Several European and Asian countries are facing debt problems. Italy is in shambles.
I'm not sure why this impacts our markets so much but everything is connected.
love is for every her, love is for every him, love is for everyone
http://finance.fortune.cnn.com/2011/08/05/thanks-a-lot-europe/?source=cnn_bin&hpt=hp_bn3
So how did this all happen? The farcical debate on the debt ceiling temporarily distracted traders from the slow-motion sovereign debt crisis in Europe. There are stark differences between the debt dilemmas in the U.S. and Europe. In general, the current U.S. debt crisis is largely a self imposed one. Investors still want to buy U.S. debt. Conversely, in Europe, investors are hesitant to buy the debt of the peripheral nations of the eurozone, forcing bond yields to skyrocket. Yields on Italian and Spanish debt passed 6% this week, hitting a record differential to German government bonds.
love is for every her, love is for every him, love is for everyone
Dh and I were just discussing this in the car on the way back from Lincoln. We're not too concerned about our 401k's or other investments as those are for retirement someday in the far future and the market is bound to come back up by then.
It's the impact of what's going to go up now (i.e. comsumer products, taxes, etc) and our wages not going up that is concerning us. We know that companies like this recession because it's a way to say to their employees that they just can't afford raises or bonuses because of the "recession", but can try to make the workers work harder by not hiring, taking on more work, etc, KWIM.