| I am as close to certain as I get they will not raise rates, it would basically be economic suicide at this point. You have a housing market that has cooled already and you are beginning to see the flow on effects in terms of low job creation.
If Bernanke raises rates again you can pretty much say goodbye to the housing market and a lot of people in that industry which accounts for a good deal of your jobs in the nation.
The USD is going to tank, its just a matter of when more than anything else. Its possible that in the near future there is going to be a HUGE amount of money to be made when the dollar really starts to lose stability although that may well not happen for a few years yet but its definitely being factored into long term estimates by a lot of banks that are slowly diversifying out of the dollar now and trying to give it a soft landing so as not to destabilise the world economy.
I wouldn't recommend sex, drugs and insanity for everyone, but its always worked for me.
Never think that war, no matter how necessary, nor how justified, is not a crime." (Ernest Hemingway) |