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.
Politics : PRESIDENT GEORGE W. BUSH
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: chomolungma who wrote (391920)4/14/2003 2:19:20 PM
From: Land Shark  Read Replies (1) of 769670
 
Economy is still good but soon going bust. Especially with the level of debt, both consumer, corporate and govt.. Given the more and more job losses, there's going to be loss of govt. revenues and rising no. bankruptcies going default on loans. There'll be more banks and corporations going BK, making more and more job losses. Consumer confidence goes down the tubes etc., etc.. Manufacturing output slows, it all snowballs into a massive recession. If Shrub causes to much trouble in the Middle East the Saudis will start pulling their bonds and other investments from the US. Then the govt. will have to raise interest rates or print more greenbacks to pay for the burgeoning deficit (thanks to juniors tax cuts). I see real trouble down the road.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News