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


To: Rolla Coasta who wrote (28488)1/27/2008 4:58:55 AM
From: GUSTAVE JAEGER  Read Replies (2) | Respond to of 217650
 
Re: US economic policy is simple: Leave the mess to the next President of the opposite party to straigthen out. Indeed there is no recession right now...

...and, bar a foolish US-Israeli war on Iran, there won't be any. I expect the Beijing Olympics (starting on 8/8/2008) to rescue the second half of the year... Th Olympics should be a big boost to the travel&transport industry, media, advertising, sportswear,.... only to be followed by the US presidential showdown 3 months later --when the whole world will heave a sigh of relief at getting rid of Bush and his clique of judeocons....

Gus



To: Rolla Coasta who wrote (28488)1/28/2008 10:49:05 AM
From: Ilaine  Respond to of 217650
 
Indeed there is no recession right now.

Business cycles are inevitable. It would be foolish to think otherwise. I've lived through a number of them, and depending on your age, you've either lived through exactly as many as I have, or perhaps a few more, or a few less.
nber.org

Financials are definitely struggling right now. So are the housing markets. It's happened before, will happen again. Bargain hunters will appear to pick up the pieces, and the cycle will begin again. It is not possible to predict when this will occur, but it will. Some will lose, some will win.

Nevertheless, real GDP is up, and so is real personal income.

Jay has an outsized personality, with a lot of dramatic flair. He loves to play computer games, and uses a lot of imagery derived from movies and computer games to enhance reality, shall we say.