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gandalf.
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December 29, 2009 at 8:32 AM #498446December 29, 2009 at 10:59 AM #497596
gandalf
ParticipantNice post from ps.
Everything hinges on stability and currency. I’m expecting economic distress and declining asset markets for another 1-2 years, currency being the wildcard. If stability carries the day, we may yet see a broad 50% decline in housing markets by 2014. That’s probably correct.
Any thoughts from the devaluation/inflation camp? Contractions in productivity and under/unemployment support current low inflation conditions. Also, rest of the world doesn’t seem keen on letting US paper go up in smoke.
Thoughts? Wonder where things go from here… Interesting times.
December 29, 2009 at 10:59 AM #497748gandalf
ParticipantNice post from ps.
Everything hinges on stability and currency. I’m expecting economic distress and declining asset markets for another 1-2 years, currency being the wildcard. If stability carries the day, we may yet see a broad 50% decline in housing markets by 2014. That’s probably correct.
Any thoughts from the devaluation/inflation camp? Contractions in productivity and under/unemployment support current low inflation conditions. Also, rest of the world doesn’t seem keen on letting US paper go up in smoke.
Thoughts? Wonder where things go from here… Interesting times.
December 29, 2009 at 10:59 AM #498140gandalf
ParticipantNice post from ps.
Everything hinges on stability and currency. I’m expecting economic distress and declining asset markets for another 1-2 years, currency being the wildcard. If stability carries the day, we may yet see a broad 50% decline in housing markets by 2014. That’s probably correct.
Any thoughts from the devaluation/inflation camp? Contractions in productivity and under/unemployment support current low inflation conditions. Also, rest of the world doesn’t seem keen on letting US paper go up in smoke.
Thoughts? Wonder where things go from here… Interesting times.
December 29, 2009 at 10:59 AM #498233gandalf
ParticipantNice post from ps.
Everything hinges on stability and currency. I’m expecting economic distress and declining asset markets for another 1-2 years, currency being the wildcard. If stability carries the day, we may yet see a broad 50% decline in housing markets by 2014. That’s probably correct.
Any thoughts from the devaluation/inflation camp? Contractions in productivity and under/unemployment support current low inflation conditions. Also, rest of the world doesn’t seem keen on letting US paper go up in smoke.
Thoughts? Wonder where things go from here… Interesting times.
December 29, 2009 at 10:59 AM #498481gandalf
ParticipantNice post from ps.
Everything hinges on stability and currency. I’m expecting economic distress and declining asset markets for another 1-2 years, currency being the wildcard. If stability carries the day, we may yet see a broad 50% decline in housing markets by 2014. That’s probably correct.
Any thoughts from the devaluation/inflation camp? Contractions in productivity and under/unemployment support current low inflation conditions. Also, rest of the world doesn’t seem keen on letting US paper go up in smoke.
Thoughts? Wonder where things go from here… Interesting times.
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