Banks are starting to fail, Oil is over 100 dollars a barrel. Gas is over 4 dollars a gallon. Food cost have soared. United States Dollar is at an all time low and going lower, especially when the feds cut the rate this week.
I believe we are now in the beginning stages of a DEPRESSION. We are no longer in a Recession. And its going to get far far worse. Thats my view of things.
Monday, March 17, 2008
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