Comments on: Let The Fun Begin – Credit Crisis Is Far From Over; Will Go Into 2009. http://www.mytwodollars.com/2008/05/27/let-the-fun-begin-credit-crisis-is-far-from-over-will-go-into-2009/ A place to discuss money...for the rest of us. Fri, 10 Feb 2012 05:21:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Saturday Roundup - May 31st, 2008 - Motivated Weekend edition - Credit Withdrawal - Helping You Kick the Credit Habithttp://www.mytwodollars.com/2008/05/27/let-the-fun-begin-credit-crisis-is-far-from-over-will-go-into-2009/#comment-26799 Saturday Roundup - May 31st, 2008 - Motivated Weekend edition - Credit Withdrawal - Helping You Kick the Credit Habit Sat, 31 May 2008 13:06:18 +0000 http://www.mytwodollars.com/?p=1512#comment-26799 [...] Two Dollars - Let The Fun Begin - Credit Crisis Is Far From Over; Will Go Into 2009.    Yeah, that and mortgage foreclosures. It's like a slow-motion car wreck, you wan't to [...] [...] Two Dollars – Let The Fun Begin – Credit Crisis Is Far From Over; Will Go Into 2009.    Yeah, that and mortgage foreclosures. It’s like a slow-motion car wreck, you wan’t to [...]

]]> By: Fico Queenhttp://www.mytwodollars.com/2008/05/27/let-the-fun-begin-credit-crisis-is-far-from-over-will-go-into-2009/#comment-26745 Fico Queen Wed, 28 May 2008 23:35:57 +0000 http://www.mytwodollars.com/?p=1512#comment-26745 I'm keeping my eye on businesses of all sizes. When we start seeing an ongoing pattern of layoffs, closures or downsizing, then we should be very, very worried. I’m keeping my eye on businesses of all sizes. When we start seeing an ongoing pattern of layoffs, closures or downsizing, then we should be very, very worried.

]]> By: Curthttp://www.mytwodollars.com/2008/05/27/let-the-fun-begin-credit-crisis-is-far-from-over-will-go-into-2009/#comment-26741 Curt Wed, 28 May 2008 18:47:26 +0000 http://www.mytwodollars.com/?p=1512#comment-26741 That's true, nobody knows the direction of the economy. But, their are plenty of negative indicators. The spike in commondities is an indicator that we have not seen since the 70's stagflation era. It is this indicator that has me more concern about the coming double-digit inflation. This indicator has convenced me that we are headed into a long recession and prompted me to change me investment strategies. Inflation will change the entire economy along with the current financial advice. As George Soros said, we are in "˜A Period Of Wealth Destruction' in his book "The New Paradigm for Financial Markets", in which maintaining wealth will be very difficult. That’s true, nobody knows the direction of the economy. But, their are plenty of negative indicators. The spike in commondities is an indicator that we have not seen since the 70′s stagflation era. It is this indicator that has me more concern about the coming double-digit inflation. This indicator has convenced me that we are headed into a long recession and prompted me to change me investment strategies.

Inflation will change the entire economy along with the current financial advice. As George Soros said, we are in “˜A Period Of Wealth Destruction’ in his book “The New Paradigm for Financial Markets”, in which maintaining wealth will be very difficult.

]]> By: Williamhttp://www.mytwodollars.com/2008/05/27/let-the-fun-begin-credit-crisis-is-far-from-over-will-go-into-2009/#comment-26727 William Tue, 27 May 2008 23:06:48 +0000 http://www.mytwodollars.com/?p=1512#comment-26727 Hooray! More time to buy stocks on sale! Hooray! More time to buy stocks on sale!

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