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10-01-2008, 02:23 AM #10
Senior Member
The Forecast
Well I seem to think for the short term ( next 2 years ) we are in for a major correction. I think we are going to surpass the recession of the 70's but not go as far as the great depression. We will soon see 10% inflation, 10% or more unemployment, decreasing home values due to the over inflated prices they were when purchased. And the market is about to be flooded in foreclosed homes that the "GOVERNMENT" will let go at any cost to get capital back flowing again.
We are in for some hard times until this thing play's out!
But "I DO HAVE HOPE" look America has been thru alot worse and every time we bounced back even stronger.
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