Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (424258)	10/9/2008 6:27:17 PM
From: Road Walker	Read Replies (1) of 1578597

You and CJ used to discuss how it looked like we were heading for stagflation. But now it looks like we are heading for some serious deflation where prices on everything from commodities to bonds to houses to stocks collapse. I guess than cash will be king. From my viewpoint, it looks like the market is pricing a very, very severe recession... maybe a depression (I don't know what the technical difference is). That why the commodities are so bad. Things must be even worse than we 'civilians' can see... the real money people are going to anything they perceive to be safe. It's ugly. I'm an old fart and have seen some stuff in my lifetime but this appears worse than the rest. When the samrt money and even the Bush admin is in a state of panic, we should take heed.

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