ali k

This Is Not "the Big One"

Boy there are some real critics on this board. I fully agree with Schmick. This is one of many downturns or correction we see, and this is a serious one. But to call for a Depression like scenario isn't realistic and not based on fundamentals. Even if our dollar halves because the Fed is printing money in efforts to save everyone, oil reverses trend and doubles, and another four financials go under -- what will follow is business as usual. Americans will find jobs and will then find ways to spend that money. This is not the "end of it all", by no means.