SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bond_bubble who wrote (58486)4/17/2006 10:33:28 PM
From: John Vosilla  Read Replies (1) of 110194
 
"It is going to be the worst kind of deflation (similar to the one UK had in 1929) - higher commodity prices (Jim Rogers has said that commodity investment was THE BEST investment in 1931 for few years in Peter Schiff interview) - high interest rates - falling dollar (not much though as I expect very high US interest rates) - higher cost of living - job losses - bank failures - It is going to be worse than 1929 depression...."

Think 1973-74 fallout and stagflation that followed. It was bad and that appears to be the default choice given the similar policies of those at the controls during the Nixon years and the current level of government and household debts in this country..
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext