Hold your hats folks as here are some of the forecasts for 2009 (link): GDP falling by 2.2% Slow recovery in 2010 > 9% unemployment by 2010 Decline in inflation (hmmmm… if monetary policy says anything this will reverse or at least eventually destroy the dollar) Continued decline in housing prices Decline in real consumption [...]
Tags:
banking,
bloomberg,
budget,
Commodities,
Credit,
currency,
Debt,
deficit,
economy,
fed,
foreigners,
GDP,
incomes,
inflation,
losses,
market,
money,
ramifications,
real,
recession,
trillion,
unemployment
Taxes: The ubiquitous “necessity” that engulfs us continually. That sentence reminds me of just how complex and absurd the tax code is to follow and comply with every year and every day. On another board there was recently a discussion about the Auto companies with respect to their inefficiencies. Simply looking at all the rules [...]
Tags:
auto companies,
Bailout,
beginning of the end,
cutting edge,
december 31,
draws,
heaven,
henry ford,
history book,
inefficiencies,
irs rules,
losses,
repetitive task,
stipulations,
swing trader,
tax consequences,
uaw,
unrealized gains,
us government,
wrong time
