PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: JDN who wrote (502965)	12/3/2003 2:19:26 PM
From: sea_biscuit	Read Replies (2) of 769670

I am looking for a resumption of the secular bear by mid-2004. The cyclical bull within the secular bear is a little over a year old. There are warning signs everywhere -- in bond prices, gold prices and in the enthusiasm for stocks, in increasing debt levels, increasing budget deficits, trade deficits. The so-called recovery is akin to shooting oodles of painkillers into a guy that has broken both legs and then applauding as he takes a few steps. The best-case scenario that I can think of is hyper-inflation taking effect as soon as next year and stocks and bonds getting creamed, together with a resumption of the recession. That is the best-case scenario.

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