static66 wrote:... collapse in earnest as all of the other economies de-couple from the dollar and China announces its wholesale inventory dump of US treasuries..... ahhhh.. spring, a time for renewal. Make sure you plant enough to get through winter of 09 people.
static66 wrote:We will not be in a good way coming out of the "Holiday Shopping Season" I expect Home Depot and most of the big box stores to announce layoffs and store closings in February and March... This parried with the ARM re-sets in February and March being the absolute peak of the entire Subprime crisis... March at 110billion.... the banks will then start their contraction and announce their own wave of layoffs and branch closings.... April will come in like a lion... a lion with its teeth bared and snarling... Gas prices at $4 a gallon and lines at the supermarket and food distribution centers.... and then... collapse in earnest as all of the other economies de-couple from the dollar and China announces its wholesale inventory dump of US treasuries..... ahhhh.. spring, a time for renewal. Make sure you plant enough to get through winter of 09 people.
roccman wrote:I think you are spot on.
The game appears to be over.
Last weeks down grading of senior AAA tranches by moody I believe was the accelerating event.
Hell we could even get a HIKE on Wednesday...won't that be fun.
Ludi wrote:roccman wrote:I think you are spot on.
The game appears to be over.
Last weeks down grading of senior AAA tranches by moody I believe was the accelerating event.
Hell we could even get a HIKE on Wednesday...won't that be fun.
So you see that as a serious and reasonable prediction of near-future events?
Ludi wrote:See, I don't understand economics/finances, so I don't know what's going on. But then, I also know you are an ultra-mega-doomer, so, I just don't know how seriously to take it....
Ludi wrote:I thought "Karl" sounded pretty optimistic saying we would end up in Medicare nursing homes. I expect to die under a tree, if I'm lucky!
So, should I have wads of cash money on hand with which to buy groceries? I don't think the store will take eggs or hoe handles, etc.
Seriously, what is one to do, and how quickly?
deMolay wrote:This is one of the best medical sites I have come accross. You can download those books here for free and print them. http://www.hesperian.org/publications_download.php
Tyler_JC wrote:I'm merely arguing that the electrical grid is not nearly as oil dependent as people on this board believe it is.
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