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Recession Talk


RunInRed

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The talking is over, we're already there.

The US Dollar is in the last throes. Tomorrow will be the final nail in coffin for the US dollar as Iran opens it's Oil Bourse which is the real reason for wanting to attack Iran. I don't blame Iran for wanting nukkalar weapons. They'll need them to protect against invading armies, or as saber rattling if someone like the United States want's invade them and take their oil. You know like they did in Iraq. Notice I say they, not we.

http://www.presstv.ir/detail.aspx?id=43476...ionid=351020102

The global price of crude will fall for other currencies. But, in US Dollars the price will increase. There maybe a short term drop of 9% for purchases in USD, but long term inflation will continue to kill the middle class (those making $250,000 or less). Don't look for things to get better here, because the financial lending institution crisis is just getting started.

http://www.chycho.com/?q=ron_paul

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My personal investments are actually quite large.

On the interwebs everybody has an eight-figure stock portfolio.

Mine's not in the interwebs,but eight figure,boy that would be a lot of money.

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