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Economy - double dip and investments? Posted by pete [Email]

(#2000) [Profile/Gallery] (more from pete) on Thu, 8 Jul 2010 16:38:39

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Given the wide range of "Saaber's" backgrounds, I'd be really interested to hear everyone's thoughts on the economy in North America. Is double-dip recession coming? I saw a documentary over a year ago saying that the second wave Mortgage Option ARMs are coming due, peaking in mid 2011. (And that the Federally funded Mortgage $8000 incentive has ended - with some going to prison inmates?)

Is gold gonna keep going up (to $3000/oz?);

What about the $12 trillion debt of the US? (And China holding a large slice of that?) The US leveraged their holding a lot of UK debt to force the UK's hand over the Suez canal.. Could China do the same to the US? Is anyone concerned?

I read a book a couple of years ago called "America's Financial Reckoning Day: How you can survive Americas monetary & political decline in the 21st Century". Sobering reading. Any concerns if the US buck collapses (along with every other major currency?)

What is a good investment strategy... gold?

posted by 68.144.1...

Posts in this Thread:

Economy - double dip and investments?, pete , Thu, 8 Jul 2010 16:38:39 <-- Viewing This Message
- Re: Economy - double dip and investments?, john Myers, Fri, 9 Jul 2010 23:00:39
  - Re: Economy - double dip and investments?, pete , Sat, 10 Jul 2010 09:38:16
    - 55% of Mastercard transactions are non-US, Bill Homer , Sat, 10 Jul 2010 10:45:44
- The economy is always cyclic. But what we have now, Noel, Fri, 9 Jul 2010 11:55:41
- Re: Economy - double dip and investments?, lowbar, Fri, 9 Jul 2010 08:30:14
- Re: Economy - double dip and investments?, No Snaab, Fri, 9 Jul 2010 08:06:13
  - Re: Economy - double dip and investments?, Finch, Fri, 9 Jul 2010 09:41:22
    - Re: Economy - double dip and investments?, No Snaab, Fri, 9 Jul 2010 11:40:27
      - Popular Misconceptions, Tim, Fri, 9 Jul 2010 12:26:36
        Re: Popular Misconceptions, kkelley, Fri, 9 Jul 2010 16:15:22
        Re: Popular Misconceptions, Tim, Fri, 9 Jul 2010 17:06:26
        Re: Popular Misconceptions, Tim, Fri, 9 Jul 2010 16:52:25
        WRONG!!!!!!!!, andym, Fri, 9 Jul 2010 18:17:33
        That's exactly what I was getting at, Tim, Fri, 9 Jul 2010 19:37:48
        So it's all a plot to keep, Noel, Sat, 10 Jul 2010 07:42:02
        Re: So it's all a plot to keep, Tim, Sat, 10 Jul 2010 10:13:34
        Re: So it's all a plot to keep, Tim, Sat, 10 Jul 2010 09:48:53
        Re: So it's all a plot to keep, pete , Sat, 10 Jul 2010 09:35:22
        Re: So it's all a plot to keep, kkelley, Sat, 10 Jul 2010 09:47:58
        Not a conspiracy, Tim, Sat, 10 Jul 2010 10:20:32
        Re: Popular Misconceptions, kkelley, Fri, 9 Jul 2010 17:05:36
        Re: Popular Misconceptions, Tim, Fri, 9 Jul 2010 17:13:29
    - Re: Declining economy and investments?, BobS, Fri, 9 Jul 2010 10:17:15
- Re: Economy - double dip and investments?, Robert, Thu, 8 Jul 2010 17:35:09
  - Re: Economy - double dip and investments?, KevinM, Fri, 9 Jul 2010 08:59:48
    - you're only rich if you're richer than someone else..., James, Fri, 9 Jul 2010 18:42:11
      - Not entirely true, Tim, Fri, 9 Jul 2010 19:59:50
        Re: Not entirely true, James, Sat, 10 Jul 2010 04:06:12
        Re: Not entirely true, Tim, Sat, 10 Jul 2010 10:57:46
        Re: Not entirely true, pete , Sat, 10 Jul 2010 13:31:41

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