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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Oblomov who wrote (7906)8/29/2001 8:06:54 AM
From: KyrosL  Read Replies (1) of 74559
 
Oblomov, you hit the nail on the head. An inflationary depression, the wet dream of gold bugs, is an extremely unlikely event. Even a dollar collapse will not trigger it in the US, since the US is practically self-sufficient in everything or can easily become so with relatively little effort. On the other hand, a plain old deflationary depression is becoming more likely -- although at this point it's still improbable.
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