My view about the future

Inflation is going up for sure, but wages are not going to the same direction. I think the ecomony will sputter with wages going down.
Explaination: Inflation is going up quickly, but wages are not going up. Cheap labors in China, India and other countries compete against US workers with lower wages. Outsourcing pressure blocks the income raising.

Prices for everything that you pay for with cash will go up, like gas, food, etc. Prices for things typically bought with credit will go down - cars houses, etc.
Explaination: Higher prices on gas, food bring higher rate, higher rate makes it more difficult to borrow money. Houses, cars will go down. GM's warning is a bad sign.

I think it will end in a sudden major crash when the prices for stocks, bonds, commodities, houses, all go down in a big way and in a short time period. After that, inflation and the currency debasment will be unprecedeted for years.
Explaination: US goverment debt is above its control. The only thing FED did was printing record amount of dollar. The cheaper dollar and lower rate help the goverment,but cause higher oil, commodities, houses. Once Asian countries get out of the game, there will a major financial crash coming.

所有跟帖： 

• Thank you for the explanation -!!- ♀ (43 bytes) () 03/24/2005 postreply 13:21:51

• You sound knowledgeble. -!!- ♀ (239 bytes) () 03/24/2005 postreply 13:27:44

• I think you are right. -IagreeOn- ♀ (0 bytes) () 03/24/2005 postreply 20:07:18

• I don't buy your views at all -NoWorry- ♂ (122 bytes) () 03/24/2005 postreply 14:12:42

• I can't tell exactly why -noworry- ♂ (189 bytes) () 03/24/2005 postreply 14:33:34

• Youa re not alone -kcuf007- ♂ (156 bytes) () 03/24/2005 postreply 15:02:04

• The facts and realities are: -noworry- ♂ (550 bytes) () 03/24/2005 postreply 14:30:37

• These are your good wishes, -!!- ♀ (36 bytes) () 03/24/2005 postreply 14:51:13

• Haven't you heard that -berealisti- ♀ (72 bytes) () 03/24/2005 postreply 14:55:51

• Would you please read American -NoWorry- ♂ (8 bytes) () 03/24/2005 postreply 15:01:42

• America is getting better and -NoWorry- ♂ (52 bytes) () 03/24/2005 postreply 15:07:01

• That's why we've to believe -noworry- ♂ (32 bytes) () 03/24/2005 postreply 15:08:11

• Americans always try to find -noworry- ♂ (83 bytes) () 03/24/2005 postreply 15:09:47

• How long have you been in the -MyGod!- ♀ (91 bytes) () 03/24/2005 postreply 15:18:03

• 18 years. Believe me that -noworry- ♂ (61 bytes) () 03/24/2005 postreply 15:24:14

• Unbelievable! And you are -MyGod!- ♀ (20 bytes) () 03/24/2005 postreply 16:36:18

• What about world history? -berealist- ♀ (274 bytes) () 03/24/2005 postreply 15:12:50

• That's wy I say -noworry- ♂ (325 bytes) () 03/24/2005 postreply 15:15:23

• Or those countires only -noworry- ♂ (16 bytes) () 03/24/2005 postreply 15:16:30

• You are really a day dreamer. -berealist- ♀ (27 bytes) () 03/24/2005 postreply 15:17:45

• Not really. I really hope -noworry- ♂ (271 bytes) () 03/24/2005 postreply 15:22:16

• You are nuts! ~~~Good night. -berealist- ♀ (0 bytes) () 03/24/2005 postreply 15:25:25

• 回复：That's wy I say -GD2- ♂ (34 bytes) () 03/24/2005 postreply 15:34:38

• "America Can Be Better, Help -MyGod!- ♀ (181 bytes) () 03/24/2005 postreply 15:39:26

• 我的意见 -jajabin0- ♀ (320 bytes) () 03/24/2005 postreply 20:55:11