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To: Hydroshock
Scoff if you will but we will be in a recession by this time next year, if not 6 months.

Because adding liquidity made things worse?

75 posted on 08/10/2007 10:57:27 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Toddsterpatriot
There is going to be a market correction, the longer we put it off by throwing cheap money at it the worse it will be. The time to stopped this was 24 to 18 months ago by tightening lending standards. No I am afraid it is inevitable.
76 posted on 08/10/2007 11:01:52 AM PDT by Hydroshock ("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
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