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 : Welcome to Slider's Dugout
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Fiscally Conservative who wrote (9115)4/10/2008 11:21:29 AM
From: jim_p  Read Replies (1) of 50767
 
Granted the US GDP is three times larger than that of Japan's.

My only point is that most people today would find it very hard to believe that the problems here in the US could ever get as bad as they were in Japan.

The simple fact is it took Japan 10 years to de-leverage and no one in Japan would have ever dreamed that it would have cost their taxpayers $500 billion 10 years later.

We on the other hand are only is the very first year of our de-leveraging process and the estimated losses are already coming in at twice the losses that it took Japan to realize in over 10 years.

So the question we should all be asking is what are the real losses going to be in the US/world economy when it is all over in 5, 6, 7, 8, 9 or 10 years??? (or in the bulls case the next 6-9 months.....har har har!!!)

Many feel that the credit/housing bubble is actually worse in the UK than it is here in the US. What impact will that that have on the total losses and the world economic outlook once they start the unwinding process that we just started???

Europe is still fighting inflation instead of the credit crisis. What impact will that have on the world economic outlook years from now???

Inflation or deflation, who is right??? The answer could be both, or it most likely will be a 70’s style stagflation IMHO.

The rest of the world is having a serious problem with inflation while we are more concerned about deflation (at least as of the last hour). Since we now import goods from countries that are undergoing inflationary pressures, what impact will that have on our balance of inflation vs. deflation combined with a declining USD?

Lots of questions to ponder, the answers will come years from now.

Perception is reality….only who’s perception do you trade off of today or tomorrow. It seems to change by the hour these days.

Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News