The Fed is going to have to lower interest rates like crazy, everyone is pretty sure the next one at the end of Jan is going to be 50 points, and there are even talks that it could be 75, but I doubt it....th Fed has to deal with inflation also....awww ****...now the real question is.....should I pull my US investments, or should I buckle up and go for the ride?...maybe I'll just average down.
The opinions expressed by this poster can be offensive and are mainly directed at Dogo. Delta gamma b i t c h-orama. Copyright 2008 All rights reserved.
Recession..Finally US stopped living in denial, and don't blame Iraq, Us people like uncle Sam are use to spend way too much money, their economy is filly dependent of the retail sector. Their intenal debt is HUGE, credit cart payment delincuency is a HUGE problem , the amount of people taking equity loans out of their homes has raised considerably....
Too bad for them!
