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To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...

Ping!


2 posted on 12/06/2009 7:26:29 AM PST by TigerLikesRooster (LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
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To: TigerLikesRooster

I predict tax revenues to states and the feds will continue to decline as the business and economy worsen even more. I also predict we are in a Great Depression or soon will be. Therefore I believe we will see more and more people doing what they have to do in order to survive. More will move into low or no tax states. Businesses, large and small, will also move for economic reasons. The commercial real estate market will plummet even more than it is already. Housing prices will probably begin to decline after having leveled off for a bit. Consumers will buy only necessities and then only sparingly. Big ticket items will remain on shelves and not sell. Inventories will grow and become stagnant. Unless the government takes immediate steps to bolster the dollar, it will continue declining. REality is a big pain in the ass but a recovery can take place next November if republicans win the election in a landslide and take back both houses of Congress.


4 posted on 12/06/2009 7:34:15 AM PST by Ev Reeman
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