Top economist: Roubini predicts 2 year recession !!!

[Mircea]

Originally Posted by runningncircles1

Clearout should be over by 2009-2010. If you look at the bubbles on a graph, they LITERALLY look like bubbles because of hose symmetrical they are.

University data shows 2-3 years (2010-2011) depending on the rate of Cost Inflation. If commodity markets remain stable, 2 years, if prices rise sharply, 3 years.

[HappyTexan]

Originally Posted by Mircea

University data shows 2-3 years (2010-2011) depending on the rate of Cost Inflation. If commodity markets remain stable, 2 years, if prices rise sharply, 3 years.

But the predictions don't take into account government intervention which could make the problem either worse or less than predicted.

We don't know what the Fed will pull out of it's hat tomorrow.
Yesterday was a cut in rates.
Today is partial ownership in banks.

Who knows what is next..but it could definitely skew predictions.

[Woof Woof Woof!]

Originally Posted by jetway777

SQUATTERS HEAVEN !!!

Yes, also a heaven for criminals.

[Woof Woof Woof!]

Originally Posted by Mircea

University data shows 2-3 years (2010-2011) depending on the rate of Cost Inflation. If commodity markets remain stable, 2 years, if prices rise sharply, 3 years.

Mircea,

A lot is going to change. We are not in a business cycle where things will automatically go up again and return to normal. What people don't realize just yet, is that our government is changing, our position as a world leader is changing. Life as many of us know it is coming to an end.

The game is over, my friend.