Friends and Traders Forum

How do you stop....
By:charleydan
Date: Sunday, 5 October 2008, 2:15 pm

deflation??

If the government intervenes they only create more inflation that needs more deflation. That will not work.

They can not borrow from foreign countries because they have the same problem and really do not want to lend anymore.

Secondly government has robbed Americans retirement, Social Security. So no money in the checkbook.

Thirdly they could take Americans savings, except that has already been spent too on housing that has no value.

Pray that housing is worth more then what Uncle Sam pays for it. With no downpayments on these assets is doubtful.

Like all bankruptcies, time to look at retirement funds. Now there is some money those IRA's, 401K's and the likes.

Now America believes in equality, everyone is broke.

Responses To This Message

Re: How do you stop....
myinvestorsplace -- Saturday, 11 October 2008, 9:09 am
Re: How do you stop....
MyInvestorsPlace -- Tuesday, 7 October 2008, 1:36 pm