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


To: elmatador who wrote (42178)11/2/2008 6:30:47 AM
From: maceng2  Respond to of 218000
 
A round table at the negotiating table is an excellent idea. There has not been one yet.

I have a lot of respect for what Nouriel Roubini says, he has been right for a long time now, and this has helped many.

Get Ready For 'Stag-Deflation'

High unemployment and deflation will generate it's own set of problems. Forged banknotes being just one. It will be very tempting for Governments to throw money at a problem to fix it. How hard is it to make some more money? People will lose trust with currency and black markets will ensue.

The loss of tax revenue then causes problems for the government and then, all of a sudden, we will arrive at places that only TJ can imagine.

Gold might well have a substantial drop still. A deflationary scenario will be like a press that gradually crushes gold bugs, a good cash position is a must.