Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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I think they had this guy on the "Noon Business Hour" on WBBM, Chicago yesterday.
I disagree with his conclusion. I think the economy will see a recession next year if for no other reason because everyone is expecting a recession and it will become a self-fulfilling prophecy. Oil and other raw-material prices are going up, and the Fed is cutting rates to sate Wall Street. While I hope that a weak dollar improves U.S. Manufacturing and pinches China (with their currency pegged to the dollar, it makes their raw material costs rise), it is definitely making life tougher for Joe-every-consumer.
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Some Porsches long ago...then a wankle...
5 liters of VVT fury now
-Chris
"There is freedom in risk, just as there is oppression in security."
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