Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 44.18

-0.1%

Dec 26 4:00 PM EST

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To: gregor_us who wrote (41767)	8/8/2009 11:00:29 AM
From: Real Man	Read Replies (3) of 207487

Things may completely recover, just the real GDP will come down, and especially one per capita, relative to other countries. US dropped from being #1 to #10 between 2000 and 2007, all Americans on top 10 Forbes list to 3 Americans. Inflation will certainly accelerate very drastically this time once the global economy picks up speed. The printing was global and coordinated. So, this is like 1975 in a way. Stocks in the US are sacred, not allowed to come down. We kill the currency instead. I am unhappy that the bailout went all into finance, so further speculation will be rewarded in favor of production, which, most likely, will lead to deterioration of the Economy in real terms.

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