Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Star Traveler

“Look for the double digits unemployment to happen in 2009”

I’d be shocked if we don’t see 10%+ unemployment in 2009, particularly in the Northeeast and Midwest. Then, in 2010, inflation will begin it’s assent when all of this phoney money is disseminated into the marketplace by banks being coerced by Washington to lend.


15 posted on 12/22/2008 9:29:43 PM PST by Comparative Advantage
[ Post Reply | Private Reply | To 12 | View Replies ]


To: Comparative Advantage

And, people wonder why I cried on Nov 4th.


17 posted on 12/22/2008 9:30:23 PM PST by goodnesswins ("Dissent is the highest form of patriotism" said Hillary Clinton. I'll be REALLY patriotic!)
[ Post Reply | Private Reply | To 15 | View Replies ]

To: Comparative Advantage

I also see parallels with the huge inflation and unemployment of Germany during the Weimar Republic.

And we all know what and WHO that led to over there.......


21 posted on 12/22/2008 9:33:54 PM PST by Emperor Palpatine ("I love democracy. I love Free Republic")
[ Post Reply | Private Reply | To 15 | View Replies ]

To: Comparative Advantage

Detroit’s unemployment rate is already over 10%.


72 posted on 12/23/2008 4:02:03 AM PST by gogogodzilla (Live free or die!)
[ Post Reply | Private Reply | To 15 | View Replies ]

To: Comparative Advantage
all of this phoney money is disseminated into the marketplace by banks being coerced by Washington to lend.

and more of it starts flooding back from China and Europe as those governments find they have to raise useful capital by converting it into their own currencies for use by their own pliticians and crooks.

80 posted on 12/23/2008 5:23:47 AM PST by arthurus ( H.L. Mencken said, "Every election is a sFranken will ort of advance auction sale of stolen goods.")
[ Post Reply | Private Reply | To 15 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson