Boeing warns of possible layoffs in 2009

[rose-colored-coolaid]

[buyStocks]

Also forgot to mention another juicy rumor. In order to lower costs, I heard that Starbucks is having discussions with local sewage plants regarding recycling of coffee. Heard they plan to market the drink as the doodoocinno.

[ira s]

Heard they plan to market the drink as the doodoocinno.

Are we going to be able to taste a difference from their usual sludge?

[The Tim]

[FreedomLover]

What nobody is willing to accept is that this depression will be the mother of all depressions. With a credit bubble inflated to $20 trillion, it will take 10-15 years to unwind. In the meantime, expect 70-80% unemployment as cascading interlock effects take place.

[WestSideBilly]

[WestSideBilly]

[rose-colored-coolaid]

[sniglet]

[david_mcmanus]

I bet a lot of people are saying "Holy s**t!" this morning.

http://www.kirotv.com/money/18584690/detail.html

Get ready for a turbulent 09 around here, folks. And no, it's NOT a good time to buy.

[sniglet]

Unfortunately, I expect this is just the beginning of the layoffs. By year end 10,000 lost jobs will seem quaint. 2010 will be worse still...

[deejayoh]

Layoffs/unemployment is a lagging indicator in economics. Unemployment typically peaks right around the point when the economy begins growing again.

[sniglet]