The Friendly Money Making Board

[gnulnx]

Shakey Markets.

I think a recession is pretty much eminent at this point. How big of a recession is the real question, but I think it could be a fairly big one. Personally I think the real estate market still has quite a ways to fall. I know everyone is claiming that it has already fallen and now is the time to buy, but I just don't see it.

My worst case scenario plays out as follows.

1) Big boards crash.
2) Interest rates climb back to double digits
3) Oil Prices climb to 100 over the next 3-4 years
4) Dollar collapses. (this actual has a positive effect)


Of course we could continue on for another 5 years before anything happens, but history pretty proves that the longer markets trend upwards the harder they fall when they come down.

Ok that's my doomsday prediction.

Have a Nice Day!
Cheers