Comments on: Greenspan … We Are In A Recession

By: San Francisco attorneys

San Francisco attorneys — Thu, 10 Apr 2008 17:07:10 +0000

Consumer demand will drop. Unemployment will rise. The US will go into a recession at best, a depression at worst. Expect first stagflation (high inflation and high unemployment), both because of the increased price of imports and deliberate pump priming by the Fed, then deflation, as asset prices collapse so hard they take everything else with them. The other likely scenario is stagflation followed by hyperinflation. Formal inflation numbers put out will become not just a joke amongst market-watchers, but amongst the actual population. Same thing with unemployment numbers. Adam SF California Attorneys

By: Tijuana dentists

Tijuana dentists — Thu, 10 Apr 2008 17:06:09 +0000

Oh please, just get it over and done with! A recession is required to weed out the crap in the market. The UK & US both need a hard landing. Bring it on!! Leonna Tj Mexico Dentistry

By: San Diego real estate agents

San Diego real estate agents — Thu, 10 Apr 2008 17:05:03 +0000

Maybe a recession would not be a bad thing over the long run; yes, house prices might fall even more than during the great depression but maybe there are just different drivers and each depression will be driven by completely different circumstances. Ian San Diego California Real Estate Brokers

By: San Diego real estate brokerage

San Diego real estate brokerage — Thu, 10 Apr 2008 17:04:11 +0000

If I predict recession every year I will get it right eventually.My understanding of economics is that something either goes up or it goes down. There are 50-50 odds to guess right. Some may guess 60% right but will eventually revert back to the mean. Its too bad this is a time when the system has been raped for every nickel and dime for the next few years. Kelly San Diego County Real Estate Agent

By: Downtown San Diego hotels

Downtown San Diego hotels — Thu, 10 Apr 2008 17:03:23 +0000

I still stand strong in my opinion that stagflation is the problem going forward, not recession. If our gdp is 70% consumer spending, there is no value added to the society. The big muckimucks of wallstreet should consider how to invest in areas that increases value and not just consumer spending!! That is what will take out of stagflation. Bill San Diego Tourism

By: www.buzzflash.net

www.buzzflash.net — Wed, 09 Apr 2008 21:15:07 +0000

Former Fed Head Says We ARE In A Recession…

Former Federal Reserve chairman Alan Greenspan said yesterday that the U.S. economy is in recession and that it would be appropriate to tap public funds to resolve the mortgage-related crisis that has helped pull the economy under. *To view the full po…