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Old 05-27-2007, 04:41 AM  
CWeb
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Join Date: May 2007
Posts: 245
Quote:
Originally Posted by Barefootsies View Post
Depending on who you follow for your financial news, this is just the tip of the iceberg for what's coming.

Think you may be right Barefootsies...

It's that iceberg that may turn out to be very bad news - and seriously doubt the worst is known about yet.

I have casual chats with an old guy who is responsible for managing a lot of investment value for US folks - got a wealth of experience and he "knows" the markets/economy backwards. At lot is common sense, but on other stuff he just does not like the look of future years. The ripple effect of about 20 of his top economy measuring tools end up having a massive effect and causing everything from unemployment increases to staggering credit card debts on a personal basis. Don't sound a happy scenario ahead
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