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To: ROLF of the HILL COUNTRY
SOME markets, such as housing, are experiencing deflation; overall, the economy is NOT.

You're very wrong on this my FRiend. I've been writing a daily email Economic Update since last September that has laid out in very plain detail why the entire economy is seeing wealth destruction.

If history is any guide, I'm betting on a Weimar Republic situation beginning sometime next year.

The Weimar Republic debate is apples and oranges. Germany's debt was based on a foreign currency to them. Our debt is based on the U.S. dollar. We will never see a Weimar Republic - it's against the goal of the big banks - which is to keep us as debt slaves.

The advice to put your money into real estate, and commodities is prudent.

Commodities and real estate are horrible investments right now - yes, even precious metals. They both will be dropping heavily as the U.S. dollar strengthens. Yes, I know that hearing the words "strengthening U.S. dollar" doesn't make sense to most people.

Let me ask you a question. What did the U.S. dollar do against all other major currencies last September when the bottom dropped out of everything? Answer: it strengthened.

If you're right, then we should see the Dow at 20,000 before very long.

50 posted on 08/25/2009 2:48:04 PM PDT by politicket (1 1/2 million attended Obama's coronation - only 14 missed work!)
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To: politicket

Your forecast is as flawed as mine. I certainly HOPE you’re right and I’m wrong; but I’m NOT betting on the economy getting better for at least a few years. There’s just too much going against it.


108 posted on 08/26/2009 7:18:29 AM PDT by ROLF of the HILL COUNTRY ( The Constitution needs No interpreting, only APPLICATION!)
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