Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (11385)	7/17/2009 12:40:41 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 86356

It's a short, but valuable interview. If you are interest, take a look. I hope he's correct. I fear that he's not. We have quite a few more "shoes to fall" if we can't get unemployment under control. Unemployment leads to home foreclosure, which leads to more toxic debt on the bank's books. What I fear is a double dip recession, caused by Europe and Asia financial turmoil. Europe has yet to suffer a collapse from their financial excesses. Some folks are fearing that the Chinese stimulus is creating a financial bubble ready for a collapse. I do think we'll get a breather since we've fallen so hard and far, but it may just be a temporary reprieve. However, I do hope that he's right. I don't like my scenario. Hawk