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Then by all means buy up some commercial real estate, secure in your mind that it cannot crash with the IMF there to fix things and prevent a crash. Good luck with that.
I'll short these companies and we'll see who does better, mmm-k?
I'll bet you 10-1 there wont be a crash. If you're still shorting RE I hope it's short-term.
I'll bet you 10-1 there wont be a crash. If you're still shorting RE I hope it's short-term.
They are put contracts, so my exposure is limited. Yes, if by short term you mean 1-2 years. But since I anticipate an L shaped recovery regardless of what the IMF thinks it can do, I can wait...
On top of that the dollar is on the rise again and oil prices are falling despite the situation in Iran. Interesting because from the way some people here are talking you would think it would be falling drastically at weimaresque rates and that the feds were going to cause an inflationary boom.
The IMF is wrong. Bernake said recovery would be 2H09 which is coming up soon..7/1 starts 2H09.
They saw "green shoots" people.
The article also said their projection was based on possible additional stimulus (with what money ?) and additional easing of credit (aren't we already at or near 0% ?)
I don't believe that article. It's based on optimistic hopeful projections of what "MIGHT" happen if additional changes and bailouts occur.
On top of that the dollar is on the rise again and oil prices are falling despite the situation in Iran. Interesting because from the way some people here are talking you would think it would be falling drastically at weimaresque rates and that the feds were going to cause an inflationary boom.
Wow, basing your conclusions on one day analysis? The overall trend for the dollar in the past couple of months is rather gloomy.
Since there is a stock crash today it's a temporary flight to cash. Guaranteed that doesn't remain for long.
If your theory was correct as to a flight to cash then why did currency strength grow under Clinton when there was a period of strong economic growth and plummet when people were fleeing high risk investments for cash late last year?
Additionally the tread has been the opposite of what you say dollar/Pound and dollar/Euro exchange rates have shown a stronger dollar since they reach their nadir late last year and have remained relatively stable for the last 6 mos.
Now with that said I do believe we are going into an inflationary period, but so many people on this board are blowing it way out of proportion talking about Weimar and Zimbabwe. At worst I see it being like the early 1980s
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