On Fri, 30 Jun 2006 06:22:02 GMT,
goldtrader@smartinvestor.com wrote:
Quote:
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Believe it or not, the Second Great Depression is right around the corner !!With interest rates increasing, savings rates near zero,and debt at its maximum; many people will be pushed overtheir debt limit, having homes foreclosed by the banks orgoing into bankruptcy. Others will heed the warnings andreduce spending, causing a dramatic slowing of the economy.Take a listen to this audio clip to hear more:http://www.leg2capital.com/depression07.htmlLearn how to profit from this information @ Leg2Capital
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You might just be right. However, world economic conditions are not
ripe for it to be the world wide catastrophy that the 1929 crash
aggravated.
No, I think more what we are going to experience is a 3 year bear
market and recession which always happens during the final 2 years of
a second term president and the first year of his predacessor. Look at
the history of business activity for 2 term presidents since FDR, the
last poresident that had the possibility to hold more than 2 terms.
and the first president to preside over income taxation on a national
level.
It's been the trend every time becasue of one fact. Business likes to
know where the leadership in charge of setting their taxes stands.
They cannot do that when the future is so hazy.
The Second Great Depression Starting 2007 
The Second Great Depression Starting 2007
Linear Mode
