Posted:
#151
Crazy day.
WSC is right-----extremely unhealthy day for "the market."
Hate to say it, but a "bottom" is nowhere to be seen with up volatility like this. And the more the media pound the table on "capitulation," the less likely it is to happen.
The world economy couldn't be worse. The good news is that commodity inflation will be contained "for now" in 2009 due to the economic depression we're in.
But inflation is "just around the corner." And I mean horrific inflation due to all the bailout packages rammed down the taxpayers' throats. You'll see bad inflation some time around 2010, and if unemployment is still bad by then (which will really become category 5 status by end of this December), the only thing that can save this country from total economic collapse and "warlords and fiefdoms" is a brand new industry that overhauls energy/transportation.
Who's going to lead this "economic renaissance?" Farking Obama? Hahahahahahahahahahahahahahaha. McSame? Make me laugh some more.
Not a pretty future at all.
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