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JoeRedskin · 08-04-2011, 04:42 PM

Yeah. Not good. There is just not a lot of job creation going on, stimulus has run its course and, on top of that, the "quantitative easing" and stimulus has flooded the economy with money - markets can see that. Lots of people are predicting serious inflation over by the end of 2012 (8 - 12%).

08-04-2011, 04:42 PM	#3
JoeRedskin Contains football related knowledge Join Date: Mar 2004 Location: Second Star On The Right Age: 62 Posts: 10,401	Re: Dow Drops More Than 500 Points Yeah. Not good. There is just not a lot of job creation going on, stimulus has run its course and, on top of that, the "quantitative easing" and stimulus has flooded the economy with money - markets can see that. Lots of people are predicting serious inflation over by the end of 2012 (8 - 12%). __________________ Strap it up, hold onto the ball, and let’s go.