This Looks Ominous...Real World Feedback From the Frontlines

[Mistermj]

Wal-Mart customers delay buying necessities <A href="http://www.reuters.com/article/businessNews/idUSTRE49K94K20081021?feedType=RSS&feedName=businessNews" target=_blank>http://www.reuters.com/article/businessNews/idUSTRE49K94K20081021?feedType=RSS&feedName=businessNews

"From what I have been able to find out, shipping is slowing as fast as it did in the grim months of late 1931. "The crisis is now in full swing across the entire world," said Giulio Tremonti, Italy's finance minister. "It is hitting the real economy, the productive forces of industry. It's global, it's total, and it's everywhere," he said."

http://www.telegraph.co.uk/finance/...lers-know-enough-to-avoid-a-1930s-replay.html

 

[tiznow]

huh

what

no way

i can't believe it

:sadbb:

GDP will keep expanding...debt doesn't matter!!!!!!!!!!!!!!!!

:fatboy:

 

[fletchisrhsm]

GDP will keep expanding...debt doesn't matter!!!!!!!!!!!!!!!!

Its funny (yet sad) to see this shit come full circle.

 

[punter]

I went to Wal Mart the other day and it was nearly empty.

Of course it was my favorite time to shop there, Sun at 6AM.

 

[tiznow]

Its funny (yet sad) to see this shit come full circle.

just wait till debt/GDP goes to 194% like the japs :toast:

and yet deflation still rules

 

[Mistermj]

just wait till debt/GDP goes to 194% like the japs :toast:

and yet deflation still rules

Yeah...lets raise taxes and kill trade huh...good idea Barack Hoover.

 

[fletchisrhsm]

just wait till debt/GDP goes to 194% like the japs

I have been screaming for the Japan scenario since last December, brother and you might be dead on with deflation short term. Go ahead, keep putting out more stimulus more bailouts and keep those budgets in the red, remember - debt is good. Mass debt is better. And Inflation is low. :lolBIG: