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To: Moonman62
So now we are stuck with a mortgage crisis, and to fix that lower interest rates, and feed what has to be a growing inflation worry. Your federal deficits and trade imbalances at work.
8 posted on 08/17/2007 5:32:05 AM PDT by WILLIALAL
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To: WILLIALAL

right you are...


9 posted on 08/17/2007 5:35:59 AM PDT by Old_Mil (Fred Thompson isn't the second coming of Reagan; He's the second coming of Dole.)
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To: WILLIALAL
Your federal deficits and trade imbalances at work.

Yuppers. I was thinking yesterday why I am so bearish in an economy with good employment and good corporate profits and optimistic, shrug bad news off, bulls still around. I think it's because I don't see it as sustainable because of trade and budget deficits AND because the poor and lower middle classes are very vulnerable if the economy stutters at all, because of debt and low savings, so we will end up with real social problems if we get even an ordinary recession. There HAS been a division in the country.

10 posted on 08/17/2007 5:39:14 AM PDT by Greg F (The Congress voted and it didn't count and . . . then . . . it didn't happen at all.)
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To: WILLIALAL
Your federal deficits and trade imbalances at work.

Federal deficits and trade imbalances cause inflation?

17 posted on 08/17/2007 5:51:43 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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