vboring

The Fear Is Palpable. Time To Buy.

inning 1 just finished. now is a time to wait.

continually falling house prices represent a contraction of credit.

much of the economic growth for the last few years was directly from the housing and condo construction industry. these industries have slowed, but are still building faster than demand is increasing, so more jobs will be lost here.

domestic autos will continue to slide as tighter credit makes them harder to buy and fuel efficiency concerns will make them less desirable.

this will be a full blown recession, with increased company failures, higher unemployment rates, and truly excellent buying opportunities in the emerging market and renewable energy areas.