2006-10-26 01:26:46 · 4 answers · asked by Bob M 1 in Politics & Government ➔ Other - Politics & Government
The last quarter of 2007 will see the beginning of rampant inflation after the housing market bubble bursts as it is starting to, and I would also suspect the possibly of another stock market "adjustment" downward.
All of the signs are there.
The Housing market has already started its slowdown.
Prices have started their climb to being out of control.
And despite the Republican control of the Congress for the past eleven years wages have not kept up like they should have.
2006-10-26 01:39:08 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Yes it will happen.Possibly. Look at the US right now ok?
People are spending ungodly amounts of money on credit, the housing market will burst, has pretty much done so here in CT.
The federal reserve is keeping interest rates, the same.FOR NOW. They are a privately held company will no interest in whats best for the people.The stock market is rising rising rising and eventually will crash down.
2006-10-26 08:35:42 · answer #2 · answered by stephaniemariewalksonwater 5 · 2⤊ 0⤋
Only if Nancy Pelosi gets her way .
2006-10-26 08:33:57 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You're going soon over there. Just needs one little crisis to tip the US economy over the edge. Fortunately, the rest of us won't follow you this time thanks to Asian over-performance...
2006-10-26 08:30:59 · answer #4 · answered by rosbif 7 · 0⤊ 1⤋