Feb 26. 2009 Market Comments; It’s A Depression Not A Recession

By: Hans Lysglimt
[youtube]http://www.youtube.com/watch?v=Wlp7lTXBt0M [/youtube]


http://www.youtube.com/watch?v=Wlp7lTXBt0M

Share
This entry was posted in Økonomi. Bookmark the permalink. Both comments and trackbacks are currently closed.

One Comment

  1. goldfinger
    Posted 27 February, 2009 at 2:04 pm | Permalink

    Very dire predictions you have. I think in many ways falling prices will be seen as something good by US consumers, and not fall into the japan psychology, I even think they know at some level that it’s temporary. They have been squeezed very hard by inflation since around 2004, and I doubt they think the low gas prices will last. When the usdlibor rate comes down, I think the dollar should weaken and inflation come back, unless the federal reserve wants to raise interest rates, however, given the gold to dow ratio there should be room for one more inflation boom, as from 1975-1980. I think think once the lehman blip is over, this will be more like march 2008, and long term interest rates, and inflation might just head up again.