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View Full Version : is there a chance that this market correction might actually help us?




BarryDonegan
10-08-2008, 06:11 PM
what if the way that this collapse happens actually winds up contained in wall street, results in an american political move against the fed?

I'm already noticing price deflation to match with the inflation going on in the money supply.

oil prices are shooting down, non essential items are becoming dirt cheap... we have a lot of items in our economy, if they are cheap enough, 30% unemployment would be pretty sustainable for a bit if all of the banks caved in and your credit rating didn't matter anymore.

slothman
10-08-2008, 06:49 PM
I don't disagree with most of your post but I doubt it is sustainable for those 30%.