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Old 09-16-2009, 04:47 PM  
SomeCreep
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Join Date: Mar 2003
Location: Where the Wild Things Are
Posts: 26,118
I see a bubble forming.

Take a look at the state of our US economy. Virtual nationalization of our financial and housing sectors. Unemployment at 10%. Weak consumer. Record high $4 trillion in debt and record low US dollar. Threat of hyper-inflation. At war in Afghanistan. Obama pushing for $900 billion dollar Health Care reform (From a business perspective, this reform will curb if not kill health care profits), Obama pushing for tighter restrictions and regulations on Wall Street. And this is just all the bad stuff we know about. Throw some unpredictable events into the mix and you get a "double dip" recession. You will also get sort of a "W" looking stock market recovery, not the "V," we have currently been experiencing.

You'd think people would learn some lessons from history. Nope, not the case.
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