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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (26732)	12/22/2007 10:32:23 PM
From: elmatador	Respond to of 217575

There are two parties here: the collapse partyy and the beyond the collapse party. This is a very health parliament where we discuss the coming and the beyond. Both help: the coming force peple to tie themselves to the coconut tree to avoid been blown away. The beyond is about seen where the booming is and take advantage of it.

To: Maurice Winn who wrote (26732)	12/22/2007 11:27:02 PM
From: carranza2	Read Replies (2) \| Respond to of 217575

There has been so much noise, drama, hissing and roaring about the coming collapse for a couple of years now that you'd think most people were clearing the decks and positioning to benefit from the crunch. Plenty have obviously not done so as shown by the continuing disclosures and crunches and refinancings by overseas buyers. Mq, I have believed that US real estate has been in bubble mode for years. I don't think many had any idea that the bursting of the bubble would have had the effect on credit markets which it has had. Bubbles burst with regularity but rarely do they inflict the collateral damage that the bursting of this one has. The bursting and the difficulties it has brought with it comes at a difficult time for the US. The oil producers thanks to high prices and China thanks to an enormous trade surplus now have the resources to go shopping for premier US and foreign companies and natural resources around the globe.

To: Maurice Winn who wrote (26732)	12/23/2007 7:29:36 AM
From: KyrosL	Read Replies (2) \| Respond to of 217575

I think the immediate future holds an intermediate recession for the US, a substantial slowing for the rest of the world, a substantial reduction of the US deficit, a dollar that does not substantially fall or rise from current levels, and stocks that just muddle through, but don't tank substantially due to the wealth fund effect. The future a few years from now is, of course, very uncertain. But there are glimpses of it. In the US the idea of replacing most, if not all, of income taxes with a large consumption tax is gaining ground. It's in the platform of the fastest rising Republican candidate. I am sure even the Democrats will like it, if the elimination of income taxes is confined to the middle and lower incomes only, and the consumption tax excludes essentials such as food and medicine and shelter -- all of which, coincidentally, are produced in the USA. Such a consumption tax will go a long way towards eliminating the excess consumption in the USA and its trade deficit -- see Europe with its near 20% VAT.