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stanu78

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stanu78

Re: MSGI post# 92142

Sunday, 01/13/2008 11:50:48 PM

Sunday, January 13, 2008 11:50:48 PM

Post# of 173746
MSGi, I think we need that 1/2 % cut. There is no doubt in my mind that we are going to see recession and inflation (basically stagflation) in the next 12-18 months..

maybe the GDP output won't drop 2 quarters in a row but the situation (of cosumer and consumer) will feels like it.. delinquency and default will continue to increase in the next couple monts..

JMHO..

Stan
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