I dont know alot about economics but this is what i think is coming right around the corner.
Bankers have jumping off buildings lately.china is no longer buying treasury bills.obama anounced he was gonna try to get people to invest their retirements in them.maybe even force them to in the future.
What this means is deflation.your money will actually buy more.
But this also means nobody will be hiring.less cash available in society.those who have money will be able to score some great deals.think great depression.if it gets really bad then illegal immigration will not be a problem.thats why olbummer and congress want to legalize illegals.a way of conning them to stay.
So if you get a gov check.this should be good for you as it means you will be able to get that "x" that you wanted.
Just remember what my friend who was a fhild in the great depression told me.sure things were cheap.but nobody had any money.expect runs on banks and restrictions on removing large amounts of cash.county roads not getting repaired on a regular basis.less inforcement of laws.
So juet a heads up and please ad what you think to the thread.
Im already seeing some of this.i was over at laser pointer forums and there is almost nobody buying and prices are dropping fast over there.lasers that would have gone for 250$ six months ago are now going for a 100$ and still nobody is buying.if we all work together we may be able to get ahead of this curve and profit from it.
If the dollar falls to say 1:3 with China, then the Entire Coutry will be up for sale. I will ask them to buy Texas first, then Nevada. Once they own A51 they will start selling UFOs. If the dollar falls to 1:1 with China, it will be a field day over here. Yahoo buy everything.
Deuem