deflation

greg nice · #1 08-15-2007, 04:10 PM

all this has the makings of a big race for cash. do you guys think this will be temporary ie: 6 months or so of recession and then we resume the boom? or have we overindulged on the good old times and this is the start of the crash?

Fishhead24 · #2 08-15-2007, 04:48 PM

Small pullback for a few months........

A crash to me would have the DOW fall below 11,000........which is very, very doubtful.

ahnuld · #3 08-15-2007, 06:59 PM

I could see the dow falling for a few more weeks but its really just a guess. Nobody knows

greg nice · #4 08-15-2007, 08:04 PM

dow (stocks) is just one asset class. im talking overall economy. obv housing will be crushed. as the credit crunch hits home, and liquidity subsequently tightens even more, what do the banksters do? kill the dollar or kill the economy?

Fishhead24 · #5 08-15-2007, 08:37 PM

[ QUOTE ]
dow (stocks) is just one asset class. im talking overall economy. obv housing will be crushed. as the credit crunch hits home, and liquidity subsequently tightens even more, what do the banksters do? kill the dollar or kill the economy?

[/ QUOTE ]

Hope the housing market continues to crumble.