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Old 03-08-2009 | 06:17 PM
  #34  
Avg Joe
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Joined: Mar 2009
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Originally Posted by b2pilot186
We're all doomed!...Doomed I tell ya! Sheesh guy, have a little optimism...This country has bounced back from worse. NO ONE on THIS board has the slightest clue what the economy will look like in 3 months.

B2P
Wow!

I agree that predicting what the domestic/global economy might look like 3 YEARS into the future is murky, but the 6 different publications I read each week ALL AGREE the recession/depression only deepens over the next 3 MONTHS. Morgan Stanley this week is warning of a DEPRESSION significantly worse than the 1930's. Given the economic data and the 6-month lag any stimulus requires to become apparent (Econ 101), I am personally ABSOLUTELY CONFIDENT in predicting our economic situation will look WORSE in 3 months! Call me an idiot if you wish.

Joe