Please advise if this scenario if likely, in your opinion. Thanks.
The housing market has been somewhat of a bust for the better part of the
year. It is not very likely to get worse. The probability is that it will
stabalize.
> IBM layoff rumor proves true.
Not very likely. And if it should occur, it would be relatively minor.
Before instituting layoffs, they are more likely to offer incentives for
early retirement first.\
> 2. China stock bubble bursts.
With the lack of accounting transparity in China, the chances are better
than even. But even if it did, the effects here would not be significant.
It happened last year, and barely caused a ripple.
> 3. Dow and NASDAQ fall and continues to fall into 2008-9
As long as profits remain as strong as they are, it is highly unlikely. But
the market may well trade in the 12,000 to 14,000 measured by the Dow. At
the low, an 11% drop from current levels. That is well within the normal
yearly trading range for the market.
> 4. Layoffs mount.
What layoffs? Layoff numbers are well within the normal range with new jobs
created absorbing those that might be laid off.
> Instability in the Mid-East.
The Middle East has been unstable for more than a mllenium. So that is not
something new.
> 5. Deflation in price of most goods.
The risk is that inflation wll heat up, not deflation take place.
> US Dollar rises as a safe haven.
Only if your inane doomsday scenario should occur.
> 6. Gold price falls to $300/oz.
If you stupid scenario took place the price of gold on world markets would
soar.
> Please advise if this scenario if likely, in your opinion. Thanks.
Only someone who uses taxationistheft would believe the nonsense you post.
In the 21st century, the nation-state will become obsolete and only
suckers like Paul Maffa will pay taxes to statist slime like Hillary
Clinton or Rudy Guliaini.
"For what are states but large bandit bands, and what are bandit bands
but small states?"
-St. Augustine of Hippo
<taxationi...@lycos.com> wrote in message
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