Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: Softechie who wrote (15804)	3/28/2003 10:03:40 AM
From: Jim Willie CB	Read Replies (2) of 89467

this recession will be much much more dangerous than past this recession will join and accelerate the debt collapse process the USDollar will cascade down with much less support it will contribute to the USDollar Decline Vicious Circle (all very expected by the Jackass) it will lead to widespread rounds of job layoffs this will crimp consumer spending it will severely hamper consumer spending traffic at the US Temples of Consumption (shopping malls) will be sharply reduced lastly, it will deliver the required DEATH BLOW to the real estate market, sending its prices down and cutting down its purchase & sale activity (I dont mean kill RE, but rather send its momentum downward) by the way, crude oil prices are back over $30/barrel the energy tax now resumes notice how little gasoline prices came down for me, premium went from $1.85 down to $1.79 in PA oil companies are not stupid they wont bring down their prices unless crude comes down and stays down for a sustained period of time said it before, will say it again recession by Q2 and Q3 2ndHalf Recovery mantra has become utterly laughable it remains the mantra chant of Wall Street Whores / jim

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