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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (100411)	1/16/2008 9:15:02 AM
From: DebtBomb	Read Replies (1) \| Respond to of 306849

Oil inventories are expected to climb today and the IEA just cut 2008 global demand by 130,000 bpd and may lower it further. IMHO, we are going to see massive deflation going forward. A "Fire Sale" going into 2013. Anyone with cash will be able to go on one hell of a shopping spree later, IMO. But, very few will be able to take advantage of the carnage with their massive record debt and no cash. Just my opinion. I guess we could see oil at $50 by 2013, unless something crazy happens.

To: patron_anejo_por_favor who wrote (100411)	1/16/2008 9:17:38 AM
From: DebtBomb	Respond to of 306849

I agree on gold as the Fed will fight deflation at any costs. ;-)

To: patron_anejo_por_favor who wrote (100411)	1/16/2008 9:37:31 AM
From: DebtBomb	Respond to of 306849

This is sushi patron and you and I know it, and so does Bernanke. ;-) He will fight it to the end. But, there's nothing he can do. We are at the same DSR (debt to service ratio) as Japan 1990. I really think the fed funds rate is going back to 1% before this is all over.