A Y2K (Year 2000) Depression Worldwide Crash Message Board

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Strategies & Market Trends : A Y2K (Year 2000) Depression Worldwide Crash

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To: Cheeky Kid who wrote (4)	10/8/1998 1:13:00 PM
From: space cadet	Read Replies (1) of 28

I think we will probably have a normal recession, not depression in '99 and maybe 2000. The demographics are wrong for a depression. The real depression will probably start at the end of the 2000's in 2008 or 2009 when the boomers start retiring. The market is probably taking an intermission here but it will return in 2000 or 2001 and probably continue setting new highs till 2008. Of course, we have a combination of the worst leaders since the 30's so there definitely is a lot of danger. Clinton, Blair, the new guy in Germany- all a bunch of sweet talking hand holding morons who will do everything they can to screw up their economies (can you say msft lawsuit :)? Hopefully the unpleasantness upon us now will correctly be seen for what it is- too high taxes and stifling government regulation causing inefficiency and waste- in other words it is socialism which should be blamed. However the socialist/communist media (Ted Koppel, etc) will blame the market as usual, on this I agree. The scourge of terrorism with biological chemical and nuclear weapons is definitely the greatest threat to the US and one that Clinton should be impeached over. I agree that things are looking real bleak there and some major incident could happen at virtually any time. Can you believe we are still allowing Saddam Hussein to remain in power. Unbelievable!!!

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